So, Seems that verge is ready to go up again. Beautifully broke out of the wedge consolidation and the bunched up moving averages, came back to retest the breakout right where the moving average 'broke out' with it. Now it's going higher. It's as buy here and I will be doing so.
Entering trade around 1417 satoshis.
Targets:
I still like 2827 - 3167 and 5090-5500. Will look for topping patterns around these ranges: Red hourly Heiken-Ashi's candles, topside wicks, lower highs on the 15 minute, this kind of thing. Not riding out the correction here.
If we get there before the 15th of January; i'm selling it because I don't think it's sustainable before than based on this chart.
If it takes longer than the 15th of February i'm selling because Verge's uptrend might be over. So there's a sweet spot in between where it's part of organic growth towards the second range of targets; if we get there before then it's also a bullish signal but I will sell it, and rebuy the correction before we continue higher.