padawan_trader1

Descending triangle formed. Dangerous time for XVG

Short
BITTREX:XVGBTC   Verge / Bitcoin
I think XVG is at a tipping point yet again. A descending triangle has formed which is likely to fall down to previous support. The only thing that can break this and return it to an upward trend is the pending news on the 17th.... Good potential buy in point if it walls down to the next level of support. If the "news" is not as good as expected I expect this will be devastating for VERGE
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