Verge / Bitcoin
Updated

Verge Looking Bearish.

1 037
Hey, I am back with another Idea.
This time looking again at Verge.

Verge had great run up in past month, there was some hype from the creators of XVG so even that helped but the news is coming out 17. April and as you may know there is a rule "Buy the Hype, Sell the News".

Indicators

MACD shows less and less buyers, blue line will cross signal line - Bearish.
RSI looks great actually bullish on daily but on 4h, 1h, 30 min is just way low, bouncing down from the 50 RSI.

Again, this is just an Idea with my point of view.

For now, thats all.
If this chart gets some attention, I will update, Thanks!
Note
snapshot 1H RSI struggling.
Note
snapshot Buy volume is changing, signal says we are going down.
Note
tradingview.com/x/i8hSGknY/ABC correction done, looks like XVG news were great, even thought I dont find them that great.
Note
snapshot again wrong link..

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