Get started

Verge

VERGE MADE EASYLog charts shows you sometimes details that with linear one are not apparent. This idea is quite simple. The natural growth of Verge is inside this channel. End of 2017 Verge got crazy, found support just one time on the top of the channel and then fell again inside. It crashed against the top of the channel one month later confirming the bearish momentum. Actually verge is evolving inside a triangle. In my opinion it will find the strenght to touch again the upper line of this triangle in the next weeks. Frome there the last correction before the big pump. September 2018. There verge will find three important supports that will strongly reject verge bearish intentions. The first is the basis of the triangle, which is also inside the demand zone. It will also find the basis of the channel and last but not least the strong dotted resistance line who rejected 3 times verge before to open the doors to the big pump of end 2017. This Resistance will be transformed in support and it will be very reactive. From there another bullish cycle will beginn. There are a lot of take profit inbetween, but if Verge is on the verge, it will reach the top of the channel again 1 dollar for 1 Verge Ultra bullish BIO
X
by FerdiHodler
3
Verge (XVG) has a $0 potentialThe 4hr timeframe of Verge (XVG) as captured in this analysis indicates an obvious bearish market for Verge that is relentless. Exponential moving averages 40 (in red color), 20 EMA (blue) and 10 EMA (green) are used to track price action with Verge only managing to close above all three (3) EMA’s on June 3, 2018 and July 3, 2018 as examples, while it has spent majority of the time trading under all EMA’s shown on the chart. The most powerful use of a moving average is its slope and all three EMA’s with a descending, falling slope does not bode well for Verge (XVG). ~0.00000240 is indicated in this analysis as a likely price level where Verge (XVG) can find support, which is also the price low achieved on May 11, 2018. The relative strength index (RSI) as shown here indicates that bearish momentum is running out, in disagreement with the message conveyed by the EMA’s. Daily momentum (not shown here) however does favor XVG bears, so it is better to be patient for further development in price action before taking any position (long or short). Alternatively, staying away from trading or investing in XVG would suffice. The RSI moving above its current bearish trendline (in blue) would be nice to see as further confirmation for the initiation of a long(buy) position. ~0.00000428 indicates a price level to possibly watch out for entry into long (buy) positions. Another option is to wait for price action to close above the top of resistance at ~~0.00000574 before initiating a long (buy) position. The former is considered less conservative than the latter. Verge (XVG) breaking below ~0.00000240 perhaps does suggest retracement back to 0.00000000.
by Coin_Analyst
4
XVG STEP UPpossible repetition of pattern volume is just about due to arrive if history is any indicator good luck verge community! I realized this week that each cryptocurrency is like a virtual community and the members are all responsible for the success of the tribe/community. with cryptocurrency there is skin in the game.. without having to deal with corruption, debt, and misuse of the collective shared equity funds. too bad the fiat games got out of hand. the separation of money and state has arrived on earth. a new dawn.
XLong
by GJMRealEstate
2
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.**
XLong
by jmC3PO
23
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!
XLong
by jmC3PO
5
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
XLong
by WBM_Team
16
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.
XLong
by XanderCrypto
3
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.
XShort
by jmC3PO
1