stevecq

Verge - descending wedge and symmetrical triangle

Long
BINANCE:XVGBTC   None
This is my first post, I am just learning TA so please do not take any of this as financial advice. These are just my ideas of what might happen.

Currently I think that verge is looking to break out of a descending wedge and it could rally up to any of the the fib target lines in yellow.

The longer term picture shows verge trading inside of a symmetrical triangle, which could go either way.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.