We can see a cap and handle pattern on the BTC 4h chart.... if it moves BTC price down, XVG can go higher, but I would wait for few more candles before enter a trade
Wolverinos
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and... what's your idea now?
TheWolfOfBinance
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@Wolverinos, We can see a cap and handle pattern on the BTC 4h chart.... if it moves BTC price down, XVG can go higher, but I would wait for few more candles before entering a trade
Wolverinos
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@TheWolfOfBinance,
I see a cup on XVG/BTC on Binance on the 1hr chart... but not on the USD chart.
I see a nice follow through.. and a potential upwards movement, but on the 5mins chart there's a rising wedge which could be in a few hours bearish...
But I bought 1M Verge already !
@TheWolfOfBinance, I did swapped some coins with TRX and ADA, but jumped back in Verge... think only it will somewhere fall very deep ... going too fast.. but everytime I short and go back in, I lose.. so I m staying in I think.. FOMO you know
Wolverinos
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@Wolverinos, btw... there was an announcement from the CEO from Verge that on there would be a huge partnership on april 17, but the message was given on april 1.. hope it's not a joke...
and there's something itchy going on because they want to get everyone hyped and use social media, etc. to make some community about Verge? and Verge asks donations ... ??
@Wolverinos, I don't wanna marry coins nor keeping them in the portfolio for a long time especially with these market conditions atm..btw I think this announcement is already in the price
TheWolfOfBinance
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@Wolverinos, RSI overbought but macd still bullish.... I'll take the profit
Wolverinos
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@TheWolfOfBinance, I wait till it hit that descending trendline... the one if you connect the 2 large tops