As I have stated before, when it comes to my choice in trades I avoid an asset's fundamentals in every decision I make. I am without a doubt, a 100% technical trader. And Verge is hitting pivots and statistical probabilities almost to the tick!
With that said, I am certainly not a buyer here, although long term the risk to reward most certainly favors buying. However, my primary strategy in the market is hardcore money management and executing when my personal TA provides the requisite confluence.
Waiting on subdivision and how the market chooses to handle the next wave. My educational opinion only ;-)
--longmoney
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Play the possible b. Reload
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The good thing about VXG is that is a classic pump and dump but could hit dollars easily. With that said, given the cheap price of this coin and my longer term holdings, I am not going to be a buyer just yet. However, this wave one line will say it all.
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Quite a range for profit takers here. Me personally, I'm waiting to see the next wave characteristics before I adjust.
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