Thoughts on Verge Support and resistance levels
Hello all and a happy new years!
New steemit user here and I am excited to be part of the community!
So as everyone is probably wondering, What the hell is going on with verge? Is wraith here? Are we all being scammed? Do I go #trxgang or #xvggang?
As i don't want to get into the politics of verge and as a fellow verge hodler myself i drew out critical levels for all of us to watch out for.The market will do what it wants to do. Now keep in mind its a 4h chart so you wont be able to see exact detail(and i apologize) but it gives a good estimate of what to keep an eye out for.
https://www.tradingview.com/i/mG6GUbIa/
It is worth mentioning that it is still hard to determine where in the correction we are> i drew a simple ABC correction. The c leg i put in different fib levels. If and when we aproach the .618 fib level, be on the lookout for price action. This will be a crucial level as it was the lowest lows in the past few days.
full interactive chart
https://www.tradingview.com/chart/XVGBTC/mG6GUbIa-Verge-4-hour-Support-and-resistance/
I wish everyone a wonderful night and i hope i can help someone!
#bitcoin
If I look at bitcoin prices now, I ll get dizzy because I ve sold them
Ha when did you sell?
Congratulations @srankoin, you have decided to take the next big step with your first post! The Steem Network Team wishes you a great time among this awesome community.
The proven road to boost your personal success in this amazing Steem Network
Do you already know that awesome content will get great profits by following these simple steps, that have been worked out by experts?
Congratulations! This post has been randomly Resteemed! For a chance to get more of your content resteemed join the SteemEngine network!