Verge performs nicely in anticipation of positive news to be announced on the 16/4 or 17/4.
On a 60min chart we can see that the price almost touched to top of the 2nd square. Therefore, I believe a correction to the bottom of the 2nd square is immanent which constitutes a possible entry point around 0.069 USDT.
Afterwards, and only if Bitcoin does not fall...
As I've said in previous posts, I fear this is a huge bull trap. I don't know for sure. I just think its a situation we have to be prepared for.
I'm a huge crypto and bitcoin bull in the long run. But I'm also a believer in cycles and patterns. And parabolic moves have an uncanny ability to follow a similar pattern.
What is a Parabolic Asset Move?
This...
