Verge to complete a massive inverse h&s?Would it be wrong to think XVG will complete this pattern?
I mean, aside from the anomaly of the buy the rumor sell the news peak and drop of the pornhub collaboration, it looks like a perfect setup for the completion of this pattern.
To me at least.
Also as i write this, it's volume is amongst the top on bittrex.
I'm not an trader I just question a lot
XVGUSD trade ideas
VERGE XVG - Whats next ?Resistance isnt that strong atm. I expect it to rise much more before the big correction. HODL your verge! :)
Head and ShoulderWe have a formation inverse Head and Shoulder in Weekly.
So, juste wait the break up to take long and aim 0.16$
Verge to $1.00 USD by July 15thWaves 1 and 2 have been completed. We have started wave 3, which will be explosive. The waves have been calculated using Fibonacci ratios. Waves 1 3 and 5 all have 5 impulse structures within.
Verge on the Up Through May
On the 4-hour, XVG is shaping up for a long-term cup & handle play. Of course, anything can happen, but all signs are pointing to a long position for Verge through approximately May 20th. Open shorts once price hits resistance at around $0.29 USD.
Thanks guys and happy trading.
-MV
www.tradingview.com
*Prep The Bull Run*After completing the abcde elliot wave, and breaking out of the triangle, we have now started an impulse 12345 wave up, to complete the 3rd subwave of the subwave of the large 12345 wave which will take us to $1.00 USD by July 15th.
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Verge: head & shouldersVerge has formed a head and shoulders pattern, a breakout will happend when the green neckline is broken.
xvg verge coin projectionverge will confirm a bull run if going more than 0.085
potential listing on coinbase to keep in mind
VERGE - Overview on Daily Timeframe - Downside ComingFollowing our previous analyses on the daily and smaller timeframes (), we are currently monitoring this cryptocurrency for a nice, coming short opportunity. As it stands now, BITTREX:XVGUSD is nicely gaining momentum for more downside. Slowly crawling up on the daily and smaller timeframes, it is, in fact, moving as a correction following a small impulse to the downside, and we are expecting this cryptocurrency to retest the low of the "B" wave of the daily ABC correction, potentially dropping down further towards the 0.014 area in the coming months.
Updates on smaller timeframes will follow.
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Remember that you can double check the bigger structures that are at play are on the weekly and daily time frames also by scrolling around the charts in the lower 4hr and 60min timeframes (right and left, up and down).
Trade with care and only with a backtested strategy that has proven to work in relation to your invested capital, risk appetite and potential small losses you might incur in before profiting from a good trade.
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