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Vergebtc

VERGE - Cup Formation. Short-term Bearish signals.A cup formation is usually a bearish signal, however, we may see some slight selling off before another trend upwards as verge has been parabolic recently so it is not uncommon for a set of. When this is recovered from we can expect to see Verge breakthrough the resistance which is indicated by the orange line which will result in upwards movement two previous lies and maybe even above. it would be a good idea to accumulate on the support the buy zone is indicated by the purple rectangle. MACD- lines look to be crossing over in the short perspective which is bearish. RSI - is slightly overbought which also signals an upcoming sell-off or bearish action. As always trade the lines accordingly.
by thomasfar6
6
XVG - Verge possible Descending Broadening WedgeSo as expected in our previous verge analysis the price fell off to the support regions that were indicated. (Will leave a link to the previous analysis at the end of this post) So whats next? Its hard to tell but if I were to make an analysis right now I would say that we are in a descending broadening wedge which usually breaks upwards. Analyzing alts at the moment is really hard due to the instability of bitcoin and the fork, but nevertheless I will try to keep you all updated as much as I can. If it breaks up - The target is indicated in a green dashed line in the chart. Previous analysis:
Short
by DCFreak
34
XVG BTC - New Year gift in making?XVG has been in news recently for all the right and wrong reasons, specially, when a target of 0.15 USD is reported as 15 USD! Anyways, we are traders and we need to make the most out of any and every opportunity available! SO XVG will present a very attractive opportunity as we see the price retracing rapidly post the maniac of last few days. As marked on the chart, XVG will soon enter the possible BUY area. Accumulation can be done between 0.00000710 to 0.00000610 with targets defined through Fib extensions on he chart. Stoploss can be defined around 0.00000580 (watch out for false break). Trick is to wait for the right buy level and not jump in too early! Happy Trading & Happy New Year :)
Long
by a.rafay
6
VERGE XVG My Price prediction for the next month.Hey first and foremost I am not an expert and this is not financial advise. It is just my prediction. I purchased VERGE before the outbreak started and am currently still holding. And after utilizing some of the tools here on trading view I created my price prediction on VERGE for the next month. I am a long term holder of Verge and would love to here everyones opinions. Make sure to follow me on Steemit @californiacrypto and Youtube @ CaliCrypto Check out this guy his the one that recommended Verge to me. steemit.com
Long
by CryptoCali
3
XVG:BTC - Verge Head & Shoulders pattern, watch for breakdown.Hello, pretty probable senario with all of the FUD coming out last 2 days, closing a Head and shoulders pattern and bouncing back up based on the news if they manage ot pull the Wraith Protocol out. Also Bitcoin is gaining momentum so you need to watch this out. It's along trade with first target the previous ATH marked on the chart. Happy traing and remember that you invens on your own risk. Happy to discuss with different opinions.
Long
by IvelinAngelov
1
Verge Is Dropping! Buyers Get ReadyThis is the 1-Day Trend of Verge, XVG. The other day, we were overbought. But Verge is making a healthy correction now, as it drops back toward the EMA 15 (Red Line). Get ready to start thinking about buying as 1) you see price move closer to the EMA 15, and 2) the RSI is less than 45%, or what would be even better is if it went below the 20%. Keep an eye on it. We might just get a good buy! I may just put a Limit Order close to the EMA 15 to catch a wick. Good luck!
Long
by Malstryfe
9
New Verge (XVG) XMAS Morning Target up 245% to $0.529Based on the last rally and utilizing mostly fib retracement to estimate a buy location (without signals), I'm seeing we'll enter a buy area within the next couple hours while creating a bullish flag or pennant (more likely a flag), then we should begin the rally into a Christmas morning surprise completing at $0.529 or nearly half way to Ripple's value. Ripple is also going to be pushing 325% soon, so be ready for that as it keeps ahead of Verge for the time being. But that may not last forever. It's possible Verge may overtake Ripples position, unless Coinbase adds Ripple (likely) and/or there is more good news from the Ripple camp during the end of the year and into next year (again, likely). My ripple projections show that we'll go through a couple rallies and retracements with a target around $4.20 for XRP and it's possible that XVG may hit $2.00 within the next couple weeks as it has been maintaining 300% rallies pretty regularly.
XLong
by Tin.Foil
24
Bullish momentum building following consolidation.Cup and Handle. Bullish sign that the consolidation is over and the bulls are starting to take over the balance of power. This coin has been really chomping to take off but the 20 and 30 BTC sell walls which are placed all over the first 50 orders in the book have been successfully stopping what could have been some very strong upward momentum. At the time of writing, the handle has broken through some strong resistance. There's still plenty of impressive sell walls ahead. Let's see if the momentum can't encourage some of these Bears to lift their embargo's against their own profit. Could be some time to buy in. But that window is closing. As soon as the first 20 BTC wall is met and pulled it's game-on for another run. Can't determine a sell position. Just know that it's probably going to be like last time so it won't last long. Just pay attention to RSI, Volume Oscillator, and don't get *too* greedy. Good luck!
by VanBenno
6