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Wraith

VERGE BREAKOUT (VERGECEPTION) | ...A Pennant within a Pennant.Fellow Traders, So I've been following the verge drama since the McAfee tweets. I've been keeping up on the news, I've been following the tweets between XVGwhale, Verge themselves and everyone inbetween. Ive been on both sides of the fence, I've been a FOMO'er a FUDDER, Ive bought Ive sold, Ive HEDL'd (past tense of HODL?) and traded, And through all of this I started making some calls- Good calls. And I wanted to share my next one with you because I truly believe this is how it will play out. I predicted the change in resistance and even made some %'s on the way down. I called it the pennant within a pennant. This is the sliding door of altcoins - the schroedingers cat. Its both dead and alive,its music and its silence. Its love and its hate. I have never come across a coin with so rich a tapestry woven behind it. Its been a hell of a ride. So without further ado, my analysis.. Verge's price action has been consolidating since the twitter drama, it is about to break out of its pennant. From here it will drive upwards and test the 1380-1450 range on the top 'Daddy line' of resistance. From here it will bounce back down (unless mondays upcoming news is monumental and it turns out JustinVendetta is Satoshi himself and Verge is the real bitcoin and has been all along) and find support at one of 2 levels. 1. The new line of resistance surging up (ho line), 2. The old line of resistance trailling at the back (daddy line). This is where the party splits, we enter the matrix, multiverse theory. The price action surges up off the ho line to previous resistance of 1700 sats, where it either bursts through like the alien chestburster scene (unlikely but possible), or rebounds off and finds support on the previous Daddy resistance line. Or it pushes through the ho line to whence it came and finds support on the daddy support line and finishes off the original pendant before breaking out. The more positive outcomes from this story are more likely in my opinion as it is on new support and theres is news coming out tomorrow.. Regarding the chart I have labelled it as best I can and changed colour every time the story turns. These 2 stories could also give birth to a baby story, that has properties from both scenarios... ....a transverging story if you will
by Mysterion94
10
XVGBTC - Verge Wraith Protocol Full ReleaseHi, this is Rafael, from CryptoTwins. Today I'm bringing my view on Verge (XVG). Verge is on a crucial spot now. it's going to attempt a Breakout on Minor Resistance Zone (Pink Line) and then spike up to a new ATH. As Wraith Protocol was fully released, Verge is ready to fly now. The bullish setup is all here, patience will be the key of success here. Buy a BIG bag of XVG now and Hold. Sell 10-20% of your coins at local tops and buy it back lower. Don't sell it all once or you may regret. Buy-Zone: From 1300 up to 1480 Satoshis. Targets: 1st - 1650 Satoshis 2nd - 1720 Satoshis 3rd - 1855 Satoshis 4th - 2000 Satoshis It could go higher than 2000, your patience will determine your gains here. Enjoy your holding, traders! Set a Stop-Loss: 1240 Satoshis. Best Regards, Rafa. t.me - The Best Educated Trading Signals
Long
by cryptogrowing
25
Healthy bull outlook for XVG?despite recent news earlier today regarding chinas halt of btc mining and investigations in south korean banks causing a scare in the market bringing bears to the market infact only helped us HODL'ers for better entry points on our favoured coins. By now everyone should know that bitcoin is outdated, it's considered old technology. it's only a matter of time until an alternative coin with superior development to take over. i am still highly bullish for VERGE as the future potential for it's technology is beyond imaginable. refer to previous analysis for original trend lines and prediction
Long
by gsoop
Mission Impossible: Wraith Protocol -or- Sell the NewsThis is a crucial moment for XVG right now. Their credibility is on the line. Wraith Protocol is make or break. If you're in, you're in. Next day or two will be major swings either way, have stops in place or face heavy bags. This chart is more of an events timeline than a TA. I'd love some other input here. time will tell. For me, I'm HODLing what I got, but im certainly not gonna get any more at this moment. See attached chart "XVG Awakens" for my previous Verge TA.
by donkeypanic
4
XVGBTC - Bearish Flag (SHORT)Alright, so the Wraith protocol release was a huge disappointment, and the market reacted in a understandable way. However, given some indications it seems that the correction may not be over. If we break the top support of the flag (upper blue line), we may see some bullish movement (very doubtful of this at the current moment). If we break the bottom support of the flag (lower blue line) we will see further bearish movement, which is the direction it seems that we are headed for. Given the previous market support and resistance barriers, the purple lines indicate barriers that the market will have to test as we move up and down in price. Expect market reaction around these levels.
Short
by yeeyee2020
6
XVG/BTC Trading Pair Breakout PointThe breakout point for XVG is quickly approaching. Using the symmetrical triangle charting method, we see an influx of pressure for XVG in the next week and a half. Huge market support for XVG under 1100, Wraith protocol release + moving trust back into the technology backing to coin gives me a 90% confidence interval that we will be moving into a bullish breakout point. I suggest trying to buy on the low end of the triangle and setting your stop loss under the bearish breaking point. Best of luck!
by hindog
5
(Short Term) XVG End Sprint Tonight! I have been following XVG for a while now, as well as its latest update called the Wraith Protocol. Wraith Protocol basically allows true anonymity by hiding transactions from the Verge blockchain, making it the stealthiest coin of all. Because of that, XVG has been climbing for a while already. But the real explosion is about to happen in my opinion. I noticed multiple large buy orders at the 116 - 120 range today, accumulating for (most likely) tonight. It's going to be volatile and it's going to be rough, but real short-term profit will be possible. Check when the Wraith Protocol is due here: wraithprotocol.com Once the wraith protocol releases, XVG will likely decline in price (until all criminals in the world start using XVG due to truly anonymous transactions), lul! =P
Short
by Cointact
14