Legendary XVG Shor...scratch that...LONG! Update: 460-500Gettin a little bolder here with my riskiest call yet - a short-term long calling targets & timing. I'll probably get slapped with the reality of the unpredictability of markets, lol. Oh well, just for fun!
I'm seeing a few bullish patterns forming since the breakout from our wedge. An asc scallop or two, an inverse asc scallop and possibly a (series of) inverse H&S. As well as some cup & handles, maybe?!
Much is still yet to be confirmed, but this is my bullish PoV as of right now.
All of these are targeting 460-500. I'd like to see it happen in the next 36-72 hours. Funny enough, that'd be a nice height for what could become an even larger asc scallop - which I have drawn in white.
Don't get me wrong - I still see the potential for a dip, but it sh/wouldn't be much. Below 375 would be somewhat unexpected for me.
Fair warning : Use caution if trying to trade based on this - it is not trading/financial advice and I do not expect it to be SUPER accurate.
Cheers, y'all!
**PS: I have a super speculative theorized roadmap/private chart laid out all the way to 900s to a pinned blast off date for anyone who is interested in seeing it. Direct message me/comment below, if so.**
XVGBTC
Legendary XVG Short: UPDATE - LOOOOONG! 1: 930s? 2: 1400s?**Hey all! Sorry for the late update, as I'm still traveling. I'll be back to my regular posting schedule on Wednesday, July 4th.**
BREAKOUT!!!
XVG looks to have achieved it's first successful breakout from our big beautiful falling wedge that began with the PH spike & dump turning point back in April!
This could be it! We still have a ways to go, and we probably need BTC to be a reverse too. BTC looks like 6725ish is in sight, then a Right Shoulder formation that could go as low as 6100. This would be an inverse H&S with a target of 7400ish - around mid July or so. That's just my guess for now.
Always look out for throwback & pullback!
Hopefully I can get a read on some reversal patterns for XVG for you all as soon as I get some time, so we can start hitting/flipping more short-term targets.
Cheers! Good luck out there!
XVG – VERGE – 525% Possible EarningsHi Traders!
We hope you are doing well. BTC is recovering. Let’s wait till G20 Summit in Argentina (19-22.07.18) where countries will be talking inter alia about legalisation of cryptocurrencies and in general about blockchain technology.
Rumour has it that main players (countries) will be willing to incorporate cryptocurrencies in their legal system. Time will tell.
Meanwhile we observed great undervalued project which you probably well know.
Verge is very much undervalued. We are at the very bottom at Fibonacci scale.
Last ride took place from mid March till mid April 2018 even though BTC was falling.
So here are details from technical analysis shouting BUY ME.
Long term double bottom shape
Elliot Wave(A-C) – correction has been finished
New Elliot Wave pattern expected (1-5)
Very low at Fib scale – we touched previous low
MACD – bull’s cross
RSI – strong oversold zone – time to buy
According to the Visible Range we are much below “fair” price which is at 800st. We are also below the lower part of the Volume Area.
Volume Area states price range where, in our case, 70% of people bought their coins. It means they won’t be willing to sale as they bougt for higher price.This will make price demand.
Fibonacci levels:
Target 1: 0.00000609
Target 2: 0.00000766
Target 3: 0.00000893
Target 4: 0.00001021
Target 5: 0.00001202
Target 6: 0.00001433 (ATH)
Target 7: 0.00002100 (new ATH)
Stop – loss: 0.0000354
So guys we have plenty room to grow. We need more volume but be patient.
Guys keep watching the chart. Control your assets.
If you like our job don’t forget to give a like and follow our profile for further updates and analysis.
Thank you for being here.
HUGS!
Your WBM Team
XVG Market CycleMarket Cycle on XVG
Here we are looking at a market cycle that generally occurs on XVG.
1. Move upwards
2. Downtrend with series of pullbacks
3. Rounded bottom
4. Descending wedge break + EMA cross + Bullish Yume twist above Miaku
On a rejection at the EMA / trend line we will have to wait for bounce at the bottom of the support to watch for a retest and break.
The risk reward ratio on this trade is very good, in a best case scenario a 882 sell occurs.
The reason why we expect a smaller / less volatile market cycle is for a few reasons.
Bitcoin has less space to move upwards before hitting an overhead resistance / trendline (7.8k region)
The size of the market cycles are decreasing. We do not know if geometrically or arithmetically, but the best place is to assume arithmetically as the bitcoin fractal did this last time.
Volume is lower, therefore volatility is less and we will miss the crazy highs.
I have set 4 targets and also a stoploss at 305. The targets are to monitor the progress of the market cycle, with the last target being my personal final sell if we get that all important break.
TL;DR: Bog might pomp eet.
With this, we will get some fantastic day trading opportunities, especially at the top of the cycle- shown by those crazy wicks. You are all welcome to join my trading squad, the edge analysis group. You can reach us by messaging me privately on tradingview!
That's all for this analysis, thank you for reading and have a great day. Xander.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock/cryptocurrency picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. These are not facts but my personal views and opinions.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Verge(xvg) will deliver amazing profits!
Check my previous xvg post ,so that your are update to date.
My target for verge is 900 sats
Your not late at the party ,don't miss this rally.
And fill your baskets.From the current price you make about 175.97% profits.
Not bad don't you think so , I will keep you updated.
Now let's wait and see.
Hopefully I will have soon good news for us
verge deep green
until next time
peace out
If you profit a lot from this post
you can tip me if you want on my ltc wallet
Lcxk4jDgW8TBTakYSHdzP3p8BMV364f85s
Legendary XVG Short: UPDATE! - Still further yet to fall?Apologies on the late/no updates! I've been traveling out of state for the last week and will be doing so for another week. Sorta inconvenient timing as far as Legendary XVG Shorts are concerned ;)
I scooped my whole bag up again at 364-366. I can sell now for a nice 4-7% gain, which I'm going to do. However, it could scooch just a bit higher (389-398), so i'll just be laddering out throughout the 80/90s.
I personally see 322 still in the cards. Although it's a rather difficult read right now with BTC doing w/e it wants lol.
We'll just have to wait and see!
Cheers.
XVGBTC a good chance to open long positionVerge is one of the top coins, which can demonstrate good growth during 2018. Decrease to Fib 0.786 support level opens opportunity to open long position. Today, most markets are down, many other top coins also provide a good entry opportunity, but first of all we recommend to pay attention to XVG.
Bullish divergence of 4-hour scale can push the market to test the 0.00000725 level within a week.
Is XVG finally EXORCISED of the PORNHUB CURSE???XVG has been down BIG since the semi-questionable Pornhub announcement. XVG has bounced off strong support at ~350 with a thunderous green candle. This coinciding nicely with a bullish EMA cross. All the while MAC DEEzy is looking healthily bullish, ABOVE signal on every single timeframe. Perhaps its catching a buzz from all of the other green out there or its time to make sure your safety belts are fastened and food trays are in their upright and locked position! Its GO time! "Don't call me Shirley."
Food for thought/// Why on Earth would Pornhub not team up with a more privacy & security focused coin? Here's a hint... Its Green.
I'm still very much a rook when it comes to analysis, constructive criticism appreciated. Thank You everybody!
XVG Holding the LineHello traders! Watching XVG for it to break away from the 0.618 support. This level would be an interesting buy in with a stop below. A run up from here could potentially take us to 900; a less moody bitcoin might be necessary to prompt further movement though. You'll also notice we've hit this RSI level 3 times.
Feel free to join in on the discord for conversation and ask to be added to notifications if you'd like to be notified of posts.
The link is still available on my profile, good luck trading!
$Verge , $XVG Bull Trap...
Weekly
Looking at our trend timeframe we see price has reached our major support level of 350 satoshis. Stochastic RSI showing momentum continuing towards the downside with no signs fo slowing down. Weekly showing two possible scenarios in this bear market.
Daily
Shifting over to our pattern timeframe we see price is stuck in a very aggressive downtrend and is not showing any clear signs of reversal. Stochastic RSI showing momentum has bottomed out, however price is showing other wise. Expecting XVG to fall towards 100 satoshis by the end of the bear market, If BTC fall towards $3,500 level expect Verge to drop to 100 satoshis
135% Profit Trade - VergeHello All,
I am going to keep this short and simple today. I'm absurdly tired. Verge is getting ready to wrap up this down move, as is Bitcoin. We should see shorts close out soon. There is likely one more push down. I do not in any way see Bitcoin going below $4800 on this down move. Bitcoin should rise up to $7,200-$8,300, depending on where it finds it's bottom (when the shorts close their positions). With this bottom, we will see excellent bounces in alt coins. In particular, I am keeping my eye on Verge (XVG). We will see a bounce up to the 50% fib level. After that, close out your longs, and STAY AWAY for a long time. Verge could go VERY low, into the 100 sat range (or lower). However, there is a nice play here, and I have been accumulating very large positions on each deep move we make into the red. Each dip deep below 400 I buy large positions, and if we go lower, EXCELLENT, I'll buy more.
On the USD side of things, I could see XVG bottoming out on this down move around $0.017-$0.019. In regards to BTC value, I'm looking for the lowest to potentially be 320 sats.
We are looking for a ride up to around 880 sats, and a USD value of about $0.07.
I am taking a very large trade in this.
Best of luck to all. Trade at your own risk. Do not be stupid and hold this waiting for super moon. This is a trade, not a get rich quick move. Get in, get out. As always, your mistakes are not my responsibility. :D Protect yourself.
XVG, Oversold With Bull Divs And Potential Bottom- RSI is oversold on the daily (27.8) (RSI not included on the chart above).
- MACD is making higher lows, while price is making lower lows - bullish divergence.
- This bull div is also confirmed on OBV, which you can see here, with multiple ascending trend lines on the lows
- Price recently hit a low of 362 - the last bottom before this was 325, so it seems very close to bottomed out.
Like most alt coins, it is in a descending pattern, not particularly close to breaking out. But if you are looking for bottomed out coins with divs, this is a great candidate. That said, when looking on the daily, these can take a LONG TIME to play out, so I would not necessarily expect instantaneous movement here.
The previous 2 times that XVG showed similar conditions, it pumped for at least 3x.
Verge: Still waiting for the signal!As XVG approaches 300, what I believe the target is, we're waiting to see a huge volume spike, then we buy.
XVGI got my first warning for my previous XVG post, we aren't allowed to swear on tradingview, sorry admins but this coin gets on my nerves.
Anyway, here the same post without the curse words! So this should be fine
4 hour candles. Should bounce right around here, a break now would go down to at least 420 and it would be a screaming buy down there
Speaking of 420, you should be smoking a ton of it before buying this coin.
Don't go to their telegram, or go and be amazed. Its like they trained a bunch of retarded monkeys with alzheimer to spam crypto nonsense.
Like my word those guys are a bunch of 'when moon' spamming kids*. I've been there, ran screaming. Attempted to join a second time only to see nothing changed so I left again, never to return.
There is this one thing though, this is the only coin that still gives me FOMO, not because of the descent looking chart (bottom wedge , support, fib) or the horrible community behind it. Just because of a feeling I have about this Sunerok dude and how he could end up surprising a lot of people,
Perhaps it wont be with XVG but I'm going to keep my eye on that dude.
Anyway, my targets for this piece of work are 1549, 1949 eventually 3149 and maxing out at 8249. With a lot of butchering in the middle, people will get slaughtered
Those same people are going to scream for 10K if we hit 8249 so it will probably go on a massive bullrun all the way between 19494 / 24494
XVGUSD another H&S is forming with goal to 24 cent per VergeIF the new Head and Shoulder will be confirmed we will see 24 cent per Verge in next month
Comparing #xvg $XVG for 2017 with 2018 looks like there could beComparing #xvg $XVG for 2017 with 2018 looks like there could be another 40x gain soon - dejavue #vergefam
Don't Buy XVG until you get the signalFrom a macro viewpoint, why try and guess the bottom just wait for the first spike in volume (see big yellow arrows above) then buy, hold a few days and sell. Simple enough.
Verge (XVG) Ready for breakout?Looks like Verge (XVG) is getting ready to breakout against Bitcoin (BTC).
Take a look at the chart... Please share your opinion on the comment section.
Namaste.
XVG - The big pictureOne of the most controversial cryptos out there. Either you love it, hate it, or are new to the space.
Purely objective analysis of the structure shows remarkable similarity to BTC. The overall retracement is not out of the range of accepting this long term view in my opinion.
The fact that it has so much emotion around it almost ensures some level of success through recognition and loyalty.
