Verge XVG/BTC Analysis Update 5/1/2018

Technical Analysis:

• All targets hit- confirmation of proposed potential pathway
  • Bounce off 800 satoshi with a wick down to 780 satoshi as called for in earlier TA
  • The retracement to the .618 fib level was also supported by the 55 EMA
  • See LINK for previous TA calling corrective targets, buy zones, and sell targets
• RSI is bullish and not oversold
• Anything under 880 will be good buy zone
• Bull flag pattern has formed with a high probability for a move to the upside
• No change to overall hypothesis or short term trajectory  

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I am not a financial advisor,   nor is this intended to be  financial advise. I encourage you to    do your own research considering this blog is  a way for me to  document my own  personal  analysis, charts, trading decisions, and  experiences.