XVG bullflag- 4h huge MFI/RSI divergenceVerge/XVG has formed bull flag pattern and it's currently bottoming inside of it. Bullish divergence is visible on both MFI and RSI across all hourly timeframes.
Entries:
Very aggressive: 0.022
Aggressive- after mid-channel trendline and previous highs from July 2021 level is reclaimed (0.02440)
Safe- after upper trendline of the channel or 0.3016 is reclaimed
Long term targets only:
TP1: 0.3099
TP2: 0.3405
TP3: 0.3727
TP4: OPEN++
(short-term traders will figure this out themselves)
Remember about risk management, especially that BTC has been quite volatile lately.
