Verge - XVG - Weekend/Next Week Trade Execution Prediction
Updated
I have no idea what I'm doing. I can't emphasize that enough. Please, let me know how wrong I am.
I'm guessing that we'll have a parabolic fomofest (up to 1850sats) up until news selling on 16th/17th. Verge dev did say they had a special surprise on Monday, the 16th - one day before highly anticipated partnership announcement on Tuesday, the 17th.
This will entice news-sellers to pull the trigger even harder, while also providing them the fodder for their 1-2 day slay by hyping everyone up. I'm guessing this will slam back down to sub 1000sats supports (600-850sats maybe?)
More meta-parabololianess will resume as we head to new ATH (3000sats) sometime in April or early May.
Total long-shot: $11 by August.
Hate me.
:D
I'm guessing that we'll have a parabolic fomofest (up to 1850sats) up until news selling on 16th/17th. Verge dev did say they had a special surprise on Monday, the 16th - one day before highly anticipated partnership announcement on Tuesday, the 17th.
This will entice news-sellers to pull the trigger even harder, while also providing them the fodder for their 1-2 day slay by hyping everyone up. I'm guessing this will slam back down to sub 1000sats supports (600-850sats maybe?)
More meta-parabololianess will resume as we head to new ATH (3000sats) sometime in April or early May.
Total long-shot: $11 by August.
Hate me.
:D
Trade active
Wooo! Downward channel break out! FOMO-fest imminent.Look how close I called the April 16th breakout back on the 13th. Within 3 hours!
I missed the downward channel breakout on the 14th, so it goofed up my 16th breakout pricing, but :/. What can ya do?
However, it did NOT break below my sub 1000 stop loss, really. It spent all of about 20m earlier today hitting 975, before launching back up over 1200. Looks like we just broke 1200 sell wall as I type this!
Expect 15/1600+ leading up to announcement in T-12 hours!!!
I'm at a complete loss for speculation on how tomorrow will go. If it's a HUGE partnership, I don't think news-sellers will have much of an impact as we sail to ATH (something like 3000+ or so). However, I do think bears could get even more inclined to sell if it is THAT big of an announcement, in hopes of gettin some o that tasty dip one last time before XXVG is out of this stratosphere forever. It seems as though we could still use a 500-800sats correction, so maybe that's what will happen, regardless of partnership awesomeness. I would gladly join them in #BTFD!
Can you name a more fun/volatile coin to speculate on?
Do it.
I dare you.
Note
UGH, how do I add a picture update? lolNote
Verge Dev just posted a picture of the view from their window in their hotel room in NYC. It looked out at the Lipstick Building on corner of 54th & 3rd. There's only 2 payment gateway providers within 2 1/2 miles of his hotel:
Amazon - 1.5 mi
Adyen - 2.4 mi
Note
ACI Worldwide Inc is ~50 mi away w about a 1.25h drive... could sunerok be trolling knowing people would look up companies on google maps and see amazon & adyen near his hotel?!?Tune in next time to find out!
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