XVG Update - Retrace coming then further on upVerge has done another momentous run, not to our surprise. Yet everyone is surprised again.
It has caught me out a little bit due to it's common itra fifth wave extensions.
What's going to happen now? Upper targets are hard to define, but previous resistance and fib levels give us clues.
-A retrace to a max low of around 980
-Likely to run the higher targets of as high as 2200.
I won't bore you with confluence figures - unless you want to know them in the chat.
Thank you & I hope you make some gains trading.
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Verge
XVG / BTC - Solid entry coming for LONG.Verge just broke huge resistance from early 2018, most likely due to the huge partnership being announced soon. Look for a retest of this resistance turned support at 930 sats and a continuation of the bullish trend.
Entry - 950
SL - 890
Verge (XVG/BTC) Triangle correction with cup and handle targetsXVG is on FIRE! It broke before Bitcoin which is a great sign! Where are we in our Elliott wave count? I am a bit torn as I see a new low coming marking the end of the C correction wave, BUT this morning a triangle pattern formed which now makes me think we are about to see a HUGE 5th wave extension, thanks to the large cup and handle pattern, to around 1700 sats! The short term triangle puts us around 1200 sats and due to the spike on the 5th of April I am leaning towards a HUGE jump before the verge partnership announcement. With that being said I am expecting to see a drop back down to around 700 satoshi as we complete Wave 2 of our larger motive wave. If the partnership announcement is truly a game changer then the 5th wave AND correction will have to play out by the 17th announcement.
I have found MANY MULTIPLE cup and handle patterns fracking throughout the chart since we broke. The lower reflects the upper and this is why I am EXTREMELY bullish on XVG and these targets. I was around for EMC2 announcement so I don't buy into the hype so after the announcement this could be a make or break for verge. With the size of the jump I think it's more probable that we will see a larger wave 3 happening. This wave will bring us into $.60-$1 range. Good time for those holding Verge now!
XVG, verge the crusherVerge been kicking ass, and looks like it has some more fuel in it also.... Around 1277 Sats may be the top after a small correction...
VERGE XVG ON BINANCE - ANNOUNCEMENT - PRICE TARGETSThis is a medium risk trade because we see general trend channel and know that after news release after April 16 the potential for short term price retraction is great.
Attached below is my initial chart if you want to use that for reference.
Enjoy this trade guys!
Invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
XVG/BTC - Wrapping up the end of Wave 5?On April 3rd, I called out $XVG on a friend's Page when it topped Wave 3. Came within 40-50 SATs of the bottom of Wave 4, adjusted Wave 5 target slightly and we are now sitting where we are now. Been riding XVG for a bit now. Getting to the point to short for the next run? Announcement coming soon...
Previous Chart on 4/3...
XVG to test ATHWe are in an uptrend Channel. With upcoming resistance, we should break through that leading to partnership announcement on the 17th (dotted line).
Xtremely Very Good. XVG is forming a Cup and Handle as a handle for the larger cup which you can trace back from Feb 17.
A cup and handle within a cup and handle is a great sign of a full tank rocket. These 2 cup and handles are filled with coffee to the brim! And this coffee is mixed with rocket fuel.
MACD is looking good, MA are good, everything looks good.
Short term Target is at 1100 sats. If 1100 sats breaks easily, don't sell and wait until Sunerok's partnership announcement.
Remember, XVG will stay bullish until partnership announcement. A good partner will keep this bullish.
XVG/BTC - Verge Trade Opportunity.Hey, its been some time, but I am back.
Mkay, this time looking at XVG.
XVG is a cheap privacy coin.
This month are verge creators annoucing huge annoucements, on 17. April with huge partnership and more stuff.
They claim that they coin would be in top 3 coins.
To me, this sounds really unreal, kinda scammy.
The plan is following - Buy the hype, Sell the news.
Don´t buy now.
RSI is really high, CCI is high and even STOCH RSI is high for longer time, wait for some pullback to the buy zone.
As now the chart looks like rounding bottom followed by cup, which could create cup and handle, stop loss is right under buy zone.
Good luck trading.
XVG update: Bounced off 900 supportXVG bounced off the 900 support like I shared in my last post. Here are my targets for the next 3-5 days.
Disclaimer: Target 3 is a stretch. I will watch to see if it can reach that this week.
XVG will continue rise through announcement - Now is time to buyVerge will continue to rise and likely spike on the 16th, retrace a bit and then moon or drop depending on the strength of the new partnership announcement. I'm all in! #Bullish.
