There are two possibilities as demonstrated in the chart.
The volume is dropping and it can't sustain the high price anymore. Its going to drop to support and test it, if it fails more correction will occur.
The volume is dropping and it can't sustain the high price anymore. Its going to drop to support and test it, if it fails more correction will occur.
تم فتح الصفقة:
Support is reached, either more correction or a rebound. But will be a while for a rebound not today or tomorrow.
تعليق:
Going to the lower support, specially with BTC going up.
تعليق:
So it dropped to 800 which is the 2nd support then bounced back up to the first support right away.
Now the first support is acting as a resistance because every time verge attempts to break out of it, it falls back down again.
Now the first support is acting as a resistance because every time verge attempts to break out of it, it falls back down again.
أغلقت الصفقة: تم الوصول للهدف:
Going to close the trade as its. Both supports regions indicated were touched.
تعليق:
Going to drop a lot after McAfee's last tweet. (he just posted it)
تعليق:
Current price is 1060 sat. Huge drop soon. If you are in Verge and you are following me, SELL.
تعليق:
He said that he expected verge to be 0.015$, so I'm expecting since he made the pump he will cause the price to reach 0.015$. Which kind off isn't a big drop since the current price is 0.016$. Ignore what I wrote, I over reacted.
أغلقت الصفقة: تم الوصول للهدف:
Dropped inside the lower support region again.
تعليق:
New verge analysis
