CoinMajesty

VERGE Reversal Triangle Forming after Bullish Harmonic Pattern

לונג
BITTREX:XVGBTC   Verge / Bitcoin
VERGE has been one of the most volatile and surprising cryptos of all time. Only BTC wise, it had a mega bullrun last year, where the profits were about +3500%. This year, it had a massive bounce again, which brought profits of about +300% to the traders who got in on time. Those two bullruns and their respective dumps created a massive Bullish Harmonic Pattern figure. After the completion of this pattern, it's creating a Reversal Triangle Pattern, as shown in more detail in the following image:


This Reversal Triangle + Harmonic Pattern combo will create a new bullrun, which I believe will be happening around mid November 2018.

1D Stoch RSI is showing a triangle that will end up breaking down within the following days. After this downturn, it should be bouncing around October 24th:


Finally, 1D MACD shows a channel with a potential bearish Three Drives Pattern forming. After this dump, it should be going up to new highs along with price and many alts within the crypto market:


I will be posting charts every day for the upcoming bullrun next month. Not only in cryptos, but also in another market I have been following since a couple of months ago. Stay tuned!

@CoinMajesty

Follow the journey of BTC & ZEC:

Art & Coins Feed
t.me/ArtCoinsFeed
כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.