Goes Verge to the moon? (Longterm)

in #trading7 years ago (edited)

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Hello Traders,

today I want to share with you this great longterm opportunity. So first let's check the verge chart.

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As you can see I have added the support line and trend line in blue. So in longterm the chart looks bullish and I think when we hit the restistance line around 38.20% (Fib-Retracement) we could see a little correction.

I have also checked some news after this breakout and found out that the Verge Dev's have collected 75 million Verge for their own partnership. So the partnership was confirmed and will be announced on 17th April. At the moment Verge is really undervalued and can hit surely in the future 5-20$ if the market cap will grow.

Disclaimer: In this post I only reply my personal opportunities to the community. Never invest more than what you can afford to lose. Before you invest in something please make your own research. So if you do any invest or trade after reading one of my post be sure I am not responsible for any of your losses. It was your own decision! By reading this post you accept that.

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yup Verge for sure a long term whole

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