Verge Looking Juicy - Short Term
XVG is currently riding the .618 on the fib, in a descending channel, and volume is dropping. The 4 hour stochs is dropping, but price isn't moving, while the MACD is on the way up. This looks to be a good setup, that is if Bitcoin doesn't do anything crazy first. Personally, I'm buying while it rides this .618 and waiting for one of the crypto like explosive bounces that seem to come out of nowhere. If I'm wrong, that's what stop losses are for.
Penafian
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