Verge / BitcoinLong
XVG hitting support not broken since 2017|Upto 4470% profit
The XVGBTC is moving within a descending triangle since july 2017.
The support of this triangle is at 0.00000048 sats which is very firm and cannot be broken sofar.
The RSI upto week chart is already oversold and the 2 week chart's RSI is almost near at oversold.
In the meanwhile the price action is also forming a bearish shark which can lead to huge profit possibility insha Allah.
However I would suggest to buy after atleast the MACD on week chart gives a weak bullish signal.
As per fibonacci I have defined some secure targets and also aggressive targets upto the completion of shark's leg.
The targets are:
Buy between: 0.00000208 to 0.00000048
Secure sell targets: 0.00000671 to 0.00001331
Aggresive sell targets (Upto the completion of Shark's leg): 0.00001793 to 0.00002194
Regards,
Atif Akbar (Moon333)
The support of this triangle is at 0.00000048 sats which is very firm and cannot be broken sofar.
The RSI upto week chart is already oversold and the 2 week chart's RSI is almost near at oversold.
In the meanwhile the price action is also forming a bearish shark which can lead to huge profit possibility insha Allah.
However I would suggest to buy after atleast the MACD on week chart gives a weak bullish signal.
As per fibonacci I have defined some secure targets and also aggressive targets upto the completion of shark's leg.
The targets are:
Buy between: 0.00000208 to 0.00000048
Secure sell targets: 0.00000671 to 0.00001331
Aggresive sell targets (Upto the completion of Shark's leg): 0.00001793 to 0.00002194
Regards,
Atif Akbar (Moon333)
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