Verge is like a crazy horse.
You can try to ride it, but if you get trapped you can break your back.
Now I will try to tame Verge in the easiest way. Actually Verge is moving in this ascending broadening Wedge (it could be a channel, but is not so important now).
With the last candel attempted to break an important resistence. This resistance was still broken between the 9 and 16 April, but it was not supportive. Now Verge broke again this resistence and it seems to find support on it. RSI shows place for buy.
I see the dotted line as the target for the next days/weeks.
BIO
You can try to ride it, but if you get trapped you can break your back.
Now I will try to tame Verge in the easiest way. Actually Verge is moving in this ascending broadening Wedge (it could be a channel, but is not so important now).
With the last candel attempted to break an important resistence. This resistance was still broken between the 9 and 16 April, but it was not supportive. Now Verge broke again this resistence and it seems to find support on it. RSI shows place for buy.
I see the dotted line as the target for the next days/weeks.
BIO