Verge / Bitcoin
Long
Updated

XVGBTC - The verge Surge!

1 275
Verge is exploding once more. The cause is an announcement to be made on April 17th. The golden rule of announcements calls: Buy
the rumour, sell the news.

Technical indicators on the 4 hour chart:
- Bullish MACD
- Bullish OBV, confirming buying volume
- Overbought RSI

I am showing the 30 minute chart because Verge is now consolidating in a perfect triangular pattern. Buy when this pattern is broken upwards.
Order cancelled
Broke it downwards, did not buy. Another day perhaps.

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