Verged broke out of descending triangle and formed a bullish flag .
Chart pattern confirmed, stochastic oversold, good to go !
交易开始: As long as Bitcoin skyrockets, all alts are going down.
XVG met 61.8 fib retracement, we'll see if it hold.
评论: This is major support, lets see if it holds.
Pls update
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I don't get it btc goes up alt go down btc goes down alts go down. Is there any such a thing as TA for Crypto???? :D Man I'm really confused!!!!
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MariusOzelis rsedaaghi
@rsedaaghi, Usually when BTC goes up allmost all alts goes down and vice versa, as money flows in and out of Bitcoin.
When Bitcoin goes very hard low (as it was recently), people start to fear of market crash and take money out of the market, now when Bitcoin stabilised it should corelate negatively again with alts.
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