Verge XVG Continue the upside.Hi everyone, just a quick update on Verge. Yestarday we closed above 1.618 fib extension, now we need to keep that level to aim for a bigger gain above 0.02 in the future. A close above 0.02 should take us as high as 0.29 where lies first resistance. From there we may see a small pullback (potentially retest of 0.02) from where we may go futher up.
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 and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
Xvgfam
XVGUSD LONG TERM PERSPECTIVEreaching that point of bottom?
the green box indicates possible Adam + Eve reversal pattern
thepatternsite.com
Updated Target for legendary XVG short: Bottom found? 1400+ inc?Hello!
XVG is juuust about finished with it's 2 month long correction that came in the form of a beautiful falling wedge.
However, we are not out of the woods just quite yet. I think we will be rejected in the purple circle. However, disregard this if we break above 560 - at least for your short-term consideration. For the more aggressive traders, 560-580 is close to a confirmed break out - but, 600 is bare minimum for me, as things stand rn.
So, I believe we still have to see sub 400. As of right now, my target is 391. Why?! The gorgeous desc scallop that I originally started this trade with targets that.
Good luck, #vergefam!
#vergezoo
Original call: