Hello everyone, Today I want to show you where we have potential resistances at weekly chart. First resistance was broken recently that is why I can say that we will see another one as potential target in coming weeks. If momentum will stay the same way we can expect the price to rich ATH around June as there will be another halving of verge. This...
Hello everyone, just a quick update as we broke thru 61.8 fibonnaci retracement, now we will be looking towards 100-104 sat area where we have 100% retracement. Also remember that 100 sat is psychological level which may be defended for a while. If we break above it we have a clear path towards 161.8 fibonnaci extension. Also spread a word about verge ! This is...
Hello everyone on update to my previous analysis. First I would like to mention that retracement from 73 sat doesn't surprise me as I have pointed out before this level as potential resistance. But you may be asking what can be the next move? So this analysis is to show you 3 different scenario that may happen in following days. 1. Price will decline to 61-63...
Hello everyone and welcome to my analysis of verge to USD. As you can see on the chart I compared previous correction to the current one and from that we can see that price is trying to get to 61.8 fib also to the bottom of 1:1 formation. This isn't a big surprise that bottom of 1:1 is at fibonnaci retracment levels. In my opinion this levels is very technical....
Hello everyone, Looking at daily chart we can see that after price broke thru last high of 62 sat we had a pullback to 61.8 FIB (also correction completed ABC on lower interval which has finished at 78.6 FIB last rally or Fibonnaci extension 1:1). Also I would like to point that we are still in strong uptrend on this pair and the next targets on my list are 79...
Hi everyone on my next analysis. As I posted previously we have seen resistance at 161.8 FIB at 65 sat and we positively retested previous resistance as support at 52-54 sat from where we had a big gain. I would like to point that this gain is kind of similar to the pattern I saw recently on ANKR before coinbase announcement. Is coinbase buying Verge before...
Hi everyone on my update on XVGBTC analysis. In past couple of days verge gained a bit of upside momentum but it was immediately stopped by 1.618 fibonnaci level and as a matter of facts if we won't break above it (65 sat fibonnaci 161.8 and 66 sat is previous HIGH on D1) we may retest 56 sat level . This is just one of possibilities of what may happen . Also...
Hi everyone in another update to my analysis. As i mentioned before we are in strong uptrend, above previous 2 resistance levels and 100MA which worked perfectly as a support, but we may see potential resistance at 61.8 FIB which is at 73 sat. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for...
Hi everyone and welcome to my next analysis of verge currency to btc. I would like to point that we need to close above 100MA which is at 53 sat to change trend to bullish in long term. As seen on chart 100MA worked as resistance in past and it is really important to close above it. This information is not a recommendation to buy or sell. It is to be used for...
Hi everyone, this is just another update on XVG USD pair Verge. Statistic are pointing that if a pair is going to find support at 61.8 fib than the price is going for a new high and in that in mind I'm seeing a verge breaking new high in the next few days. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. ...
Hi everyone, this is just another update on Verge USD pair, as of writing what we can notice from the chart is that verge made a move upwards and made a new higher high also higher low which may indicate a change of trend. Also pair broke a local 4H trend line. This information is not a recommendation to buy or sell. It is to be used for educational purposes...
Hi everyone, today I'm doing unusual analysis on Verge to BTC on 1H interval which indicates nicely that accumulation is in progress at our support (38 sat) . As pointed on chart volume at this levels have skyrocket and now it's taking over sellers. Also we are seeing constant attempt to break higher which may indicate that someone is closely controlling this...
Hi everyone, just a quick update on XVG verge to BTC pair. As of writing the pair was trading at 41 sat, up 6 sats from lows. After reopening deposits and withdrawals by exchanges we can see that on order book on binance we are seeing additional 500mln verge that came on exchange within 2 days, around 250mln under 100 sat and next 250mln over 100 sat. We need more...
Hi everyone, as you may know binance finally opened deposits and withdrawals of verge currency as a matter of facts I looked at the current volume which indicates that move to the downside is on lowering volume which indicates that this is just correction from last rally. Also what can we see on volume chart that green volume is rising on last dip which also...
Hi everyone on my next analysis of verge currency. As I highlighted a couple days ago, that verge may go further to the downside to scare people and so that wales may accumulate more of it. At the time of writing this analysis we have seen a defensive of 61.8 fibonnaci at 39 sat. Also we did see a big gain in volumen when price fell below that level which means...
Hi everyone, just a quick update on what is happening right now on verge. Lets first start with information that some of the exchanges are resuming trading on verge which is great information. Secondly Verge XVG to BTC pair has find a support at it's previous resistance which indicates that we are going further up. Thirdly i would like to mention that cumulative...
Hi everyone, just another update on xvg verge. As per chart, previous 200MA which was resistance now works as support, which can indicated a trend reversal from that long bearish to bullish. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes...
Hi everyone, another update on XVG verge. As you can see we had a pullback from the resistance, particulary caused by unsucessfull attack on verge blockchain. Well done Verge Team, keep the good work. Okey lets get back to verge and what can we expect from it. As you can see on the chart, we had a pullback to 2 month old support line and also test of 61.8...