XVG (Verge) Trade Prepare! BULLISH signs in one level!
We have a classic price action setup forming!
4 of my favorite price action criteria's in one level zone:
1. Strong support
2. Support crosses with trendline
3. Crossing happens exactly in Fibo 70.5% level
4. And those criteria's supported with EMA&MA200 in this level zone.
*5. There we need some bullish price action from candlestick also (Hammer, Morning Star, Railroad Tracks, Engulfing, Tweezer)
Keep an eye on it!
Please comment and like this if You find it was helpful!
Best regards!
4 of my favorite price action criteria's in one level zone:
1. Strong support
2. Support crosses with trendline
3. Crossing happens exactly in Fibo 70.5% level
4. And those criteria's supported with EMA&MA200 in this level zone.
*5. There we need some bullish price action from candlestick also (Hammer, Morning Star, Railroad Tracks, Engulfing, Tweezer)
Keep an eye on it!
Please comment and like this if You find it was helpful!
Best regards!
Market gap is lowering + very neg. news to XVG then this TA. is at the moment NO TRADE!