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
XVGUSD
XVG BEARS HEADING BACK TO THEIR CAGE? Hey guys!
Even though I am having some weak signals from XVG crowd as shortly explain in previous post, I am also attracted by XVG's current levels! $$$
I see weakness signs from once roaring bears + divergence at some indicators + some activity "minor but they are alive" from XVG team
Watch out for some action
Keep it tight and Keep it REAL!
$XVG market cycles - another 5000% for #VergeCurrency?Decided to tackle $XVGBTC this time. I like long term projections in case you may not have noticed. I'm more of a macro kinda guy.
If history repeats itself and we have another 5000% explosion (maybe soon, just look at the chart), are we headed to 14-18,000 satoshis?
SOMEONE SEEMS TO BE LOST!Hey guys,
One of the most hyped project Verge is slowly fading away while its management is busy with Tokenpay - and while tokenpay is busy with Litecoin lol
Are we witnessing a great vision dumped by its own creators or is it a misinterpretation and undervaluation by the market?
... whatever the case is Keep it Real! $$$
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.
XVG GOAL POSTSVerge has delivered healthy gains from previous moves leaving ample time to take profits.
The same can be said for the entry points if you are swing trading.
I am all set up for the next swing.
what type of entries are you planning?
XVG MICRO VIEW 40% MOVE FROM THE BOTTOMtradingview is not including historic data for verge beyond March 2017.
looks like we could be in recovery mode with the recent surge of 40% from the bottom.
time will tell.
if the market is ready, then it looks like verge will be ready too.
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
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
XVGBTC Range of Confluence (if interested in a trading group PM)if interested in a trading group for daily analysis PM me
Verge has news this monthThere are two reasons why I am bullish here:
a) Bitcoin seems to be bullish! This is the most important one! If Bitcoin decides to just drop hard, then this might be it and XVG might even drop harder.
b) Verge has news this month.
We are at a really low position right now. Verge showed how fast it can move. Still one or two days of sideways movement? Easily possible as it follows Bitcoin. But then again, I'm expecting a bullish trend afterwards. And together with news, this coin has high potential.
The least to expect would be an uptrend until MA200. This alone would mean over 10% plus in Satoshi (plus Bitcoin also raising).
Be aware that trading during sideways can go wrong really badly, really fast. And altcoins during these times have huge risks. It's up to you whether you go in or not and whether you put up stop-losses or not.
VERGE XVG QUICK UPDATE FOR CRYPTO MANIACS!I am bullish on Verge and love the coin, even though their team is not nearly the best. I would recommend to get into this coin if you have some money to play with for at least 3 month. Returns can be great, but also be mindful of the risk. I recommend putting SL at that green line because if we fall below that, we would need to identify newer support levels which will be further down.
Enjoy this trade my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
XVG FRACTAL WAVE PROJECTIONverge climbing
strength building
moving averages correcting
volume increasing
uptrend building
VERGE XVG ON 299% - 799% PROFIT - DEPENDS ON BOUNCE AREA - MVerge has been in drop accumulation phase for some time now. All negativity surrounding it is pure FUD and does no damage to this coin since it's simply following it's natural pattern.
Expected returns are huge for this coin, current maximum target for out pattern is 2,400 satoshi, however we can stop lower or higher. Further pattern will become visible as we finish up with this one. Privacy coins will become more popular this year and all 'hacks' with 'attacks' are positive things for such coins since developers can fix this issue sooner before we get higher volumes on it and at which FUD news will actually pull price down by a lot more breaking any pattern.
We are currently in a good buy zone with STOP LOSS at support line around 510 if you guys want to play it safe. We are actually having several patterns which are huge possibility of playing out within next few weeks. We have a butterfly pattern which has high probability of being followed. We also have a triangular pattern with high resistance levels when we get around 800 levels which can push it down therefor breaking our butterfly pattern, however I see it break it firmly if our butterfly pattern is followed for next week or two. Other patterns are here as well, but I won't go into them as they all have lesser probability of becoming a reality.
My take on this coin is that if you want high rewards with medium risk, then get into it for medium to long term.
Bitcoin is playing a key role in this and don't be surprised if we suddenly drop below 510 in case BTC drops to $7,100 levels which is still highly uncertain and probable. In addition if we suddenly start mooning, don't surprised as well after such major price retracement it's also huge possibility.
Below is just an earlier chart for Verge we have made a few month back on our last trade.
Enjoy this trade my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
