Thadaa
Panjang

XVG corrected flight pattern

BITTREX:XVGBTC   Verge / Bitcoin
Seems like XVG is not following the pattern as expected hereby an updated view.
Now seems to form an ascending triangle which could indicate a traditional bull pattern. This would mean that it could jump up to 1550 sats             very soon! All other indicators look promising as well.

Idea Berkaitan

Is your timing always this perfect, Mr. God?
+1 Balas
Thadaa Imagineth
@Imagineth, haha thanks, just lucky I guess!
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flying up as we speak
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Whew!!!
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ascending wedges/triangles usually mean a drop in price is coming, not a run up?

The wedge from your picture is a just a regular wedge.

Which means the price could go up or down.

Balas
@Tyrac71, moon
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Tyrac71 RichTreeman
@RichTreeman, Oh I am bullish on verge. I made 10k on that run up. I was just pointing out the inconsistencies in the TA. cheers
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Thadaa Tyrac71
@Tyrac71, As far as I know it's an ascending triangle. Since it's a rising wedge with lower lows and equal highs with the start of the triangleshowing some long green candles it shows a traditional bullish pattern. Correct me if I'm wrong, but this is backed up by theory in the link below:
http://www.stock-trading-infocentre.com/images/ascending_triangle_bucp.jpg
Please give me your thoughts on this!
+1 Balas
@Thadaa, I stand corrected still learning. It was explained to me different.
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