Verge USD Bittrex entry and exit
Verge performs nicely in anticipation of positive news to be announced on the 16/4 or 17/4.
On a 60min chart we can see that the price almost touched to top of the 2nd square. Therefore, I believe a correction to the bottom of the 2nd square is immanent which constitutes a possible entry point around 0.069 USDT.
Afterwards, and only if Bitcoin does not fall any further, a run up to the top of the 3rd square seems plausible where one could exit its position around 0.115 USDT.
Keep in mind that the short-term market trend seems unclear, hence posing higher risks.
On a 60min chart we can see that the price almost touched to top of the 2nd square. Therefore, I believe a correction to the bottom of the 2nd square is immanent which constitutes a possible entry point around 0.069 USDT.
Afterwards, and only if Bitcoin does not fall any further, a run up to the top of the 3rd square seems plausible where one could exit its position around 0.115 USDT.
Keep in mind that the short-term market trend seems unclear, hence posing higher risks.
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