VERGE / USD TA
Verge has moved into what can only be described as a massive accumulation phase which may be indicative of a massive pump we're about to see here. $0.021-$0.023 should not fail as support, and should be used as a launchpad for a move higher towards 5 cent region. If that region fails and we see a drop below, $0.018 comes to mind as the next and only strong remaining support for Verge in a form of a sideways trend channel.
At this time it looks good if that highlighted region highlighted in red is maintained & I would be looking for a parabolic move thereafter.
Verge has moved into what can only be described as a massive accumulation phase which may be indicative of a massive pump we're about to see here. $0.021-$0.023 should not fail as support, and should be used as a launchpad for a move higher towards 5 cent region. If that region fails and we see a drop below, $0.018 comes to mind as the next and only strong remaining support for Verge in a form of a sideways trend channel.
At this time it looks good if that highlighted region highlighted in red is maintained & I would be looking for a parabolic move thereafter.
