BITTREX:XVGBTC   Verge / Bitcoin
Here's a plausible bullish scenario using the 1.618 extension as target's and MACD crossover to predict trend movement.

It appears that XVG is consolidating in a identified Bullish Flag set up.

Targets are set from a 1.618 Extension , as that is what got us here to start with from the previous Bull Flag Set Up.

With news of Wraith Protocol being released this week, as well as post christmas buyers entering the market, this scenario is not completely impossible to play out in the next week or so.

Thoughts ?
I agree, think it also has something to do this morning. BTW is this chart saying it can go up any minute. Cause i've seen that more than ones the past 24 hours. Merry Christmas and thanks mate!
@Niemp84, The last piece to this puzzle is a big fat whale ready to buy and spike the market.

Being a slow time of the year, I think this week the price will go up as big bag traders get back on the charts.

A break under and i'll be pulling my profits.
Niemp84 No95TradingCo
@No95TradingCo, I agree. At the same time, sooner or later it will go up again. For me there is no problem. Bought in on 1 penny.
@Niemp84, I did another analysis on it, looking to be a bullish butterfly too for further confluence.

I think after the 2.2k sat mark take 40-60% and ride the rest to 1$ and beyond.

I'm in at .3c so I'm playing with heavy profits right now so looking to help everyone max their profits too and help the noobs make money too.
@Niemp84, Any Merry Christmas From the land down under! All the best and happy trading !
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