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VERGE possible breakout to the upside with a 70% Profit possibility. by beyondthecrypto

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verge · @beyondthecrypto ·
$1.50
VERGE possible breakout to the upside with a 70% Profit possibility.
![analysisxvg.png](https://steemitimages.com/DQmaERf4RBmsUAkmAWRvrfPm64UEdyqTKHuxPSeznXhQfxY/analysisxvg.png)

We see a nice triangle formation on Verge as the consolidation is coming to a more visible pattern from which we can make our assumption where it may be heading.

![](https://steemitimages.com/DQmTTeWKg2mStL8bkD3xXGERwkcA8yub8T5ZKTS8jaxLhkZ/image.png)

The last decline has touched our Support line and is probably gonna bounce to the resistance and support line 2-4 more times before we see the full breakout happen. Target is set @ $0.20. Our RSI is pointing towards the upside which gives us enough confidence that this momentum is gonna be in a breakout continued by a decent uptrend.

![](https://steemitimages.com/DQmWoXDWAupqDQrFhnwKtdsBCJP1K9DmTDQSjVKfyX2AL7e/image.png)
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vote details (8)
@benmnawalid · 
nice post, thanks sharing, keep up
👍  
properties (23)
authorbenmnawalid
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vote details (1)
@cryptoandzen ·
$0.15
Thanks for the chart
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properties (23)
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vote details (2)
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