migalmeidaf

migalmeidaf Updated 

Verge/USD pair mantains ascending trajectory with the third re-bounce of the ascending channel line. Low RSI in low end of the channel giving room for increase. Movement confirmed if the price can continue above channel line for the next 24 hours. Stop level between 0.005 - 0.00472 giving a 12%-19% downside vs a short-term target 0.00785 giving a 35% upside.

migalmeidaf

Decreasing volume as price reaches the Apex. A potential strong movement upwards with volume confirms a valid pattern. All bets are off until such moment. If valid, pattern upside at 480, just south of the recent high.