Verge XVG Current possible trade profit
Hey guys, I'm noticing a great trend here for profit on XVG currently. You might want to take a quick look!
The week long showed a gradually downward spiral for XVG falling from 225 SAT all the way down to a sad 120 or so.
But this is great for us opportunity seekers. This is likely developers or large bagholders seizing on the rise gradualy to secure lots of profit, meaning they'll likely want to buy back in after supressing the value.
Using the fibonacci lines and a triangle method, it appears XVG will see a retracement roughly around 142 SAT which you could hopefully stretch up to 160 SAT.
This leaves for great gains on a very low satoshi coin if you have alot of purchasing weight.
Lets see where this trends goes, I'll be back in the coming days to let you all know,
DONT PANIC SELL ;D
It looks like some money and volume is trickling back into some older coins such as Digibyte, Verge and DigitalNote... all at the same time... very interesting.
yes i am glad to have bought them all very low at the end of the week long red trend:D
Xvg reached 140!
Solid post. Same thoughts here. Buy low, sell high, it seems so simple but most investors still don't seem to get it :-) I found this amazing platform: https://www.coincheckup.com They give great insights in the team, the product, advisors, community, the business and the business model and other techincal insights. See: https://www.coincheckup.com/coins/Verge#analysis For a complete Verge Investment analysis.