Verge XVG/BTC ANALYSIS UPDATE 5/1/2018

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·@andrew.simon·
0.000 HBD
Verge XVG/BTC ANALYSIS UPDATE 5/1/2018
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<p><img src="https://www.tradingview.com/x/BDUMynS0/" width="1151" height="544"/></p>
<p><strong>Technical Analysis:</strong></p>
<ul>
  <li>All targets hit - no change to original hypothesis in the short term or the long term</li>
  <li>See <a href="https://steemit.com/verge/@andrew.simon/verge-xvg-btc-analysis-update-5-1-2018">LINK</a> for previous TA and analysis</li>
  <li>RSI is bullish and neither oversold or over bought</li>
  <li>55 EMA is acting as support</li>
  <li>Resistance at 880 satoshi</li>
  <li>Correction target expected between 850-860 satoshi where support is strong</li>
</ul>
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<p><strong>FUNDAMENTAL NOTE:</strong></p>
<ul>
  <li>Verge XVG/BTC is now being traded on Bitfinex&nbsp;</li>
  <li>Increased trading volume, market awareness, and availability to more investors&nbsp;</li>
  <li>This in itself is positive news and will likely serve as the catalyst for the next leg up</li>
</ul>
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<ul>
  <li><em>LITECOIN:</em> <em>MNwqCX6HoU6MeU9SRwNakT3iHEkfrig2YB</em></li>
  <li><em>BITCOIN: 3MwvZ6Q7R7dtSR8P1o5bb3oz4hegwtSuiR</em></li>
  <li><em>BINANCE: </em>0xcaf1e0cd3de21a7d27497a95f8196f74a073ad76</li>
  <li><em>ETHEREUM: 0x4c8d59799E6EF1faE64Bc40D1668B77DD8d5e9Ed</em></li>
</ul>
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<p><em>I am not a financial advisor, nor is this intended to be &nbsp;financial advise. I encourage you to do&nbsp;your own research&nbsp;considering &nbsp;&nbsp;this blog is &nbsp;a way for me to &nbsp;document&nbsp;my own &nbsp;personal &nbsp;analysis, &nbsp;charts, trading decisions, and experiences. If you would like to learn &nbsp;&nbsp;more about trading, cryptocurrencies, and the resources I used to &nbsp;learn &nbsp;how to trade and invest, see my &nbsp;previous post - </em><a href="https://steemit.com/cryptocurrency/@andrew.simon/crypto-and-trading-resources"><em>LINK.</em></a></p>
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