look for a break out of the this triangle , a huge pump could follow just like the last trade, we are expecting big news about partnership and stuff like that from Verge by the 18th. i am going to short verge on the day news day. i always buy the rumors and sell the news. so i won't be surprised to see a massive dump on this coin after the news.
I hear this a lot. Buy the rumor, sell the news, but at which point do you sell once the news is out? Within hours, or minutes or do you look at what the charts are saying?
Im a noob so excuse my ignorance.
I look at the the chart and move my SL right under the last (highest - low ) on the 4HR chart, just the day before the big news. so if it dumps you are safe, if it goes the other way around then i manually close some positions and leave the rest running after setting a higher SL.
i hope you understand my poor english :D
maz123
⋅
News to be released on 16th as i understand it
ZatoshiSun
⋅
@maz123, they changed the date. it is on the 17th now
Im a noob so excuse my ignorance.