Verge (XVG) Breaking out of contracting triangle!! Up and away!!We are finally coming out an extended period of consolidation which took shape in the form of a contracting triangle. With tons of Volume today in the Asia session we broke through the upper trend line of the triangle and hit massive selling pressure with a big spike. Price action has come back down to the break out point for a retest and is finding support! The trend looks to be up, keep in mind a 3rd wave coming out of a triangle can be very extended and go up with little retracement. Buy the dips but if you are in stay in.. I'm using Fibo expansion tools to make projections. Wave 3 is never the shortest and should be at least as long as wave 1. Buy Verge
XVGUSD trade ideas
XVGUSD: mad, sleeping bull ready to attack Seems this one is loading up for an explosion. Long sideways move with pulses to the upside.
Aiming for 0.40, Let's go
Verge (XVG): Elliott Triangle Wave Break OutPrice has broke out of the triangular formation that was formed. The Elliott Triangle Wave (ABCDE) played quite beautifully with this one. Looking for a five count impulse wave upwards to higher highs.
$XVG VergeThe FUD storm has died down. The price has held solid support around 1000sat range +/- 200-400 swings
Wraith Protocol was released with 4.0 within 2017, just not the timezone they twitted.
Everyone can see the developers working on verge 4.0.1 daily on travis CI
The pattern is similar to early December 2017
But things could stay sideways until updates are made and tech is put to the test.
This is not financial advice. Do your own research.
XVG UPDATE ALERT! BEST AND LAST CHANCE POSSIBLY!Hey #suf-Fam
Hope everyone is doing well!
Just wanted to show you what I think and what I see. Remember nothing is 100%.
So what I see is a bullish piercing of the bottom line when the Triangle hit the Orange (e)
VERY BULLISH!
After that I see prices really broke out the triangle convincingly and USUALLY what I notice is prices come back down to test the TOP of the triangle I circled the Area in GREEN it is allows exactly where I have the Smaller blue wave (2).
After price hangs out around this level we should see HIGHER HIGHS! and more bullish momentum. I mapped out the 5 waves but it could take many different paths.
I simply use the technique my mentor has taught me. @haejin has helped thousands of people. Probably the BEST teacher of this material.
There are people that know what they're doing VERY WELL... but cannot teach.
@haejin is a teacher for sure and his ability is not even questionable at this point He is a steemit superman.
Thank you everyone for tuning in. This was just an Emergency Update so that you guys dont miss out!
Verge wants more. 2x opportunity. Watch for breakout$0.40 is the target. The size of the wedge is $0.22, so expect a breakout of equal length.
xvg breakoutxvg volume has been low and volitility has been stable. looking for a break. RSI is holding good. Need a whale to pump it. Where are the guys with XVG lambos?
End of the pennant, next move for XVG, next target 0.3Just to keep the idea simple and easy to follow. XVG is finishing its pennant pattern in a couple of candles.
Waiting on a bullish candle with strong volume to confirm the long term uptrend.
XVGUSD Don't Miss The 200%+ Profit AgainThe Price Good Run in 0.11-0.22 now
It continues moving in Triangle and looks like it
going to break it in 48 hours
ADX (Above 25)Show the Trend countinue
I have called many times entry at 0.1530
Next Targets:
Target 1: 0.22(Fibo-61.80%) (30% Profit)
Target 2: 0.25 (Pressure Level) (60% profit)
Target 3: 0.3(Pre-High%) (100% profit)
Target 4: 0.4 (Fibo-150%) (160% profit)
Target 5: 0.5 (Fibo-200%) (200% profit)
XVGUSD (Verge) - Buying OpportunityWe are looking for a buy on Verge with our first take profit at the 0.4000 Region. Price may continue to correct into the weekend or we may get an impulse to end this correction. Do not miss this investment.
XVG/USDThe pair has been rebounded to a low of $0.10 after recent spike to high of $0.2925 and has retreated upward again however failing to break resistance at $0.23 and $0.21.Support line now forming strongly for 3days now around the $0.16 zone where a strong break of this line can take the price lower to $0.13 or $0.12.
It is good to buy the dip now at $0.168 support line (just Above the EMA 200 on the hourly chart) and set take profit at $0.21(if u want to go short) or hodl till it gets $0.29 zone(long) and set stop loss at $0.13.
XVG/USD Pennant Chart pattern XVG try to break the Pennant triangle . we will face a resistance at 0.22 USD and after that we are ready for the next move
XVG/
Enjoy and Good Luck
VERGE ready to make movesVerge's FIB sequence structure coming to an end. Lots of intitial volume and low selloff indicated a bull run incoming, but we'll have to keep a close eye on this to see which way the volume goes. Either way big moves incoming, I'm buying in.
Buy on pullback IF it breaks and stalling at 0.2$Buy on pullback IF it breaks and stalling at 0.2$
Target and stop loss are shown on the chart.
XVG VERGE quick look at the wedge formingVerge, poised to break out of the wedge.
Let's look for big volume and and UP move.
Could it get to $1
XVG/USD about to break its wedge leading to an ATH of $0.45Verge has been steady at $0.17 for some time now, gathering the support to break out of the wedge.
If it repeats its previous growth pattern as shown in the chart, it might reach an ath of $0.45 by the end of next week, but it will need to break the resistance at $0.23 to succeed.
