VERGE / USD TA Analysis
We can safely say that worst has been over for an average Verge holder as we see clear bottom that was found in December of 2018 and tested again in March of 2019
At this moment looking at fractals we can assume that this is another W pattern, however it can also be taken as an accumulation attempt which would be best way to look at it.
What is the timeline for an XVG holder until we see strong upward movement?
Just as an educated guess, I'd say this summer, but we can't be any more narrow in our timeline due to larger uncertainty in BTC market which should clear up in Q2
We can safely say that worst has been over for an average Verge holder as we see clear bottom that was found in December of 2018 and tested again in March of 2019
At this moment looking at fractals we can assume that this is another W pattern, however it can also be taken as an accumulation attempt which would be best way to look at it.
What is the timeline for an XVG holder until we see strong upward movement?
Just as an educated guess, I'd say this summer, but we can't be any more narrow in our timeline due to larger uncertainty in BTC market which should clear up in Q2
