Not So Fast, VergeVerge has been trying to make strides forward, lo these last few months. Despite pending news, there's what looks like a reverse head & shoulders forming, which I suspect may bring the price down to around .048'ish. The black line at .054, being the potential neckline, stands to be a significant near term threshold. It could mark either a double-bottom or the beginning of the head forming...or the journey to newer depths, indicated by the Beta and Primary Support lines.
Notice the declining volume as of late, too. The MACD is about to hit a negative crossing point while both price and volume are declining. Waves 1 and 2 have already completed, and it's time for 3 to turn south, which should be another good indicator of an upside-down head&shoulders instead of a double-bottom.
That's about as much slicing & dicing as I'm going to do on this one. Hope you've enjoyed this public service announcement!
† This is merely my opinion / observance of current market circumstances, and should not be taken as an encouragement or invitation to take any sort of action, other than to seek greater education and insight into technical analysis and market semantics.
XVGUSD trade ideas
4 Billion Market CAP is possible or 4x value * price = 0.24cEarly Verge donation weekend, plus with the announcement of possible retailer - The market mood switched for verge to a full blown Bull explosion.
Future looks bright, and ready to breakout after the announcement (Apr 15-18), but things can fissile out, if the news are unfavorable.
Can we have another X scenario? Unlikely, but the warning is in the chart itself, and can't be ignored, volumes have to be huge!
If Verge Market Cap matches Monero and higher, this is an easy double in value.
matchcoins.info
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
Thank you,
Ajion
Compare: NDX monthly chart going back to 1990 vs XVG one year I think there's some interesting similarities to the NDX monthly chart for the past 25 years when we compare to the XVG chart over the past year. Compare the 2 charts side by side. Both had an extreme move up (tech bubble for NDX in 1999 and Dec 2017 move up for XVG), followed by a significant pullback, then a basing period. We can all see clearly what NDX ended up doing after it based, and if XVG can hold the long term uptrend support line its chart may end up looking similar. The main point to consider is the time frames; what took the NDX many years could take XVG just weeks or months considering how much more quickly things move in the crypto space. With so many bearish charts out there in the crypto space right now, XVG is one of the only charts that really looks like it has potential for a big move. It is possible that, with crypto investors desperate for gains right now due to bear market conditions, people will really start to pile into XVG if it starts to make a move and the news in a few weeks is legit.
Verge Trade Setup for 100% Short Term GainIf we get a bounce at 0.048 on the old highs of past minor swings, I'm considering a trade open at 0.048$ with a profit taking at 0.90$ I am relying on past trade swing prices and trend lines to make this theory. Time will tell, but as my past posts point out Verge is worth watching. In any case I believe Verge XVG is one to also hold long term as well as a good trade for speculative funds.
Please, Don't forget to Like Agree, Comment and Follow Me, It's additional encouragement for me to share my work.
All statements and expressions I offer are my opinions, and not meant as investment advice or solicitation. Information provided is not personal investment advice. Seek guidance from a professional investment advisor before trading or investing. Trading cryptocurrencies can be a potentially profitable opportunity for investors. You should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. I am not a registered investment advisor.
Wishing you success,
Isaac
The Verge Trade is ON!
The Verge Trade is ON!
I wrote about a trade setup for Verge the other day.
I traded on Verge this morning entering at 4.5 cents and it has risen to 7 cents in the last 17 hours. I'm still in and watching closely. Verge did not complete the last touch of the Bulkowski Trend line but when BTC took off it was a good signal. I had mentioned the importance of BTC pricing on Verge in my post, If I were out of Verge I would consider getting in if it pulls back a good bit from 7 cents. It could go much higher from 7 cents .
Watch for a closed candle on the 4 hour chart over the FIB 0.236 line at 0.743 Cents for a short term confirmation. If Verge Closes above the upper Bulkowski Trend line somewhere between here and 10 cents then hang on to your hats.
I would close this trade if the price falls to 5.8 Cents and watch for a new entry.
Please, Don't forget to Like Agree, Comment and Follow Me, It's additional encouragement for me to share my work.
All statements and expressions I offer are my opinions, and not meant as investment advice or solicitation. Information provided is not personal investment advice. Seek guidance from a professional investment advisor before trading or investing. Trading cryptocurrencies can be a potentially profitable opportunity for investors. You should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. I am not a registered investment advisor.
Wishing you success,
Isaac
XVGUSD ALL TIME HIGH 521% MID-TERM MAI/2018 by Roger OliveiraVERGE XVGUSD Will increase up to 521% before MAI/2018
45 CENTS is a easy level to reach due to the ROADMAP, natural growth, and tendency of this coin.
TECHNICAL ANALYSIS:
MACD is turning the way up....
Stock RSI oversold, has room to grow a lot....
Trend Line is stable and we will get this 521% in a Pump, so recommended to sell it to make some profits.
Hope you enjoy, I am also with this TRADE in ACTIVE MODE.
See ya!
XVG/USD Twin PeaksInteresting, same build up same upward push. Wonder will it follow the same course down?
Verge breakout and taking the lead for 20xVerge has been overly ready for the bull run and will take the lead. combined with the upcoming partnership this is a guaranteed gold.
Verge XVG Trade Forming
Summary:
XVG is building toward a nice trade setup. A Bulkowski Ascending Wedge has formed and 2 of the 3 required touchpoints on the lower trend line have been completed. The trade becomes active when the price touches the lower trend line for the 3rd time. Positive volume has been good and Verge is already up about 12% today in the process of forming this signal.
XVG is currently at about 20% of it's ATH price. Even if BTC recovers a little, you can look for a quick 200 or 300% pop upwards in price with Verge. XVG has a solid product, a great team and a very active community to support it. If XVG takes off, look to take some profits at the Fibonacci levels set by past price action. That would be at the 0.0743 cents and 0.1174 Cents levels.
Remember for XVG to really pop, BTC will need to make some upward progress that at least looks like the beginnings of a recovery from it's present bear price slump. the beginnings of a recovery from it's present bear price slump.
Please, Don't forget to Like Agree, Comment and Follow Me, It's additional encouragement for me to share my work.
All statements and expressions I offer are my opinions, and not meant as investment advice or solicitation. Information provided is not personal investment advice. Seek guidance from a professional investment advisor before trading or investing. Trading cryptocurrencies can be a potentially profitable opportunity for investors. You should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. I am not a registered investment advisor.
Wishing you success,
Isaac
XVGUSD #XVGUSD
Market capitalization:898 833 000 dollars. 24H:108 700 000 dollars.
On the timetable D1 pair is at a price tag of 0.0660.Key levels: Resistance:0.0950; Support:0.0250;
Consider scripts
At the moment, the price is in the range of 0.0650-0.0660. Pair is now in a falling trend over the past 7 days, the price has increased by 48%. If the price continues to grow, the target will be 0.0950. If it rollback then the first target will be a trend line in the region of 0.0550.
Update, long term analysis XVGHello,
XVG has came to the bottom of his bullish channel and bounce nicely with some increase in the volume . Moreover the corrective periode might be over with the breaking of the flag.
Technically this might bring us in a new bullish impulsion (possibly trigged with the announcement on the 17th of april), XVG migh then heading to 2$.
Keep up and relax :)
Absolutely insane bullish scenario for Verge with $1.47 target!The assumption is that we just ended 1-2 the wave about to have the longest bull rally for verge, which can propeller it to $1.47 dollars. This insane, but it is possible.
It would imply that Verge would have some kind of real world use, that would cause this surge to such magnitudes.
I am not saying this going to happen exactly, as we need to come back to 20 cents again before any of this can happen, but the potential is there without a doubt.
Something is going to have to happen in the mid April.
Also it seems anything that is under 0.4c is a buy and accumulation.
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
Thank you,
Ajion
