Verge/USD update on potential reversal

in #crypto6 years ago (edited)

E1D42983-73E6-45C3-9BA1-E692E066D7CA.png

8C44B293-36D7-4E21-962C-B14C661C1DB2.png

52DFC984-4250-482D-9366-B2EA06B4F801.png

I see a series of triangles here.

Once in the green zone we could have sideways movement. Don’t be surprised if we break the green zone and head towards 1 cents.

The third picture presents an alternative approach to viewing the triangles and could create a new low before reversing or it could fall short which would show a lot of strength for the reversal.

I will update when necessary.

Legal Disclaimer: I am not a financial adviser and neither is any content in this article presented as financial advice. The information provided in any posts that I make and any accompanying material is for informational and entertainment purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. One could also take upon themselves to learn such techniques and make your own decisions. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

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