This is a quick technical analysis of Verge (XVG) on January 14th, 2018. Healthy consolidation after its large breakout has formed a tightening range. When volume pours in, a break (bullish or bearish) is imminent. Breaking 17 cents is a bullish trigger, and losing 12.7 cent support is a bearish trigger.
I find that the simpler I make my analysis in crypto, the more sucessful I am; “It’s a bull market”.
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