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Vergebtc

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
Bull's Exhausted? Head and Shoulders appear.The Head and Shoulders pattern is typically a bearish sign of a trend reversal. We see one having appeared here and at the moment we are just at the neckline. If the neckline is broken we may see a continued trend reversal. But we have also seen this pattern reverse and lead into another bull run. What I am most uncertain about in this analysis is the volume. As we can see, the volume of the Right shoulder (his right) is pretty massive. On Binance that shoulder reached about 480 Sats before reality set in. The head and left shoulder are showing diminishing volume. Maybe someone with more expertise can chime in and let us know if this is a signal that the H and S pattern is valid or invalid. I'm learning all of this as I go so don't take my analysis too seriously! Good luck.
by VanBenno
VTC BTC - Possible Inverse H&SVTC after making a double top, lost almost half of its value in past few days. This presents a significant buy opportunity, followed by lucrative targets. Currently we are observing formation of a possible inverse H&S. Buy order should be placed above the H&S confirmation level (0.00053). Also, note that 50MA is coinciding with the H&S confirmation level and acts as an important catalyst. Resistance levels are marked via orange rays on the chart. Once purchased, Stoploss can be placed around 0.00049. Ignore the chart if price falls below 0.00045 without making H&S. Happy Trading :)
VLong
by a.rafay
1
XVG - price channel tradingXVG announced new Wraith protocol for 6th November and we can already see great movement from the past few days. If we missed the train, when the price was around 80 sat, we can still benefit from this with price channel trading. Entry point: 95 - 102 First sell target at: 125-130 (previous strong support) Second sell target: 140 -150 NOTE: It was delay with Wraith protocol (7.11. still no release) and price dropped like a hammer to 100 sat. Great time to accumulate more, if they will release protocol in the next few days. But please keep in mind, if the protocol will not be realesed, we can expect huge drop to 80 or even 70. Don`t forget to place stop loss!
by UnknownUnicorn1530887
2
XVG-BTC with a probable clear SetupVerge could give us some good Gains if this Setup will remain Its a clear picture and actually everything seems like a clear guide to go "long" on Verge ... but be careful like everytime in our cryptospace - who knows anything... Here are my Entrys & Targets for this Setup: confirmed Entry: min. 0,00000098 (Price: 0.00000096 + 3% (for confirmation)) Wait till the actual candle closed to check if confirmed or not Target 1: Price: 0.00000116 Profit: 19,37% Target 2: Price: 0.00000133 Profit: 35.69 % Lets see what happens to this "clear" picture. It will be exciting. Good luck to us Regards
Long
by DrTrabant
Verge FA and TA are solid. Good coin to HOLD Bitcoin has been seeing ATH while Verge has been consistent with being stable bouncing within 100 sat over 6 months with much respect to the trend line and support at 80 sat. Price targets 120, 180, 250, all very reasonable. After updates, Tor integration, I2P android wallet, wraith protocol "Optional private ledger", VISP, wallet UI overhaul, atomic swap, update libraries (openssl, boost, etc, near completion), RSK contracts planed around completion of RSK testnet, This will make Verge the first Anon Smart Contract Platform. Possible mining pool from MinerGate. Twitter out to vote for verge to be added is HUGE already. Current state, 12 Dev contributors with over 600 commits (Very healthy compared to PIVX ZCASH DASH MONERO), New mining pool with a 2% fee going to fund further Verge development. I see Verge competing for rank 30 soon.
Long
by VaughnElric