XVGUSD trade ideas
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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Verge XVG - Trade Active 500% TargetVERGE XVG Is Leaving the Ideal Buy Zone - Trade Active
Looking at the Verge one day USDT chart on Bittrex. Verge is now trading with a candle closed above the buy zone I had set on April 18th. Hopefully you bought while in this ideal zone. If not it's still not too late to jump onto the train. Verge is going higher, and if you are not a swing trader just buy and HODL you will not be sorry.
Best Recent Entry on April 25th at just below $0.06
Trade Targets:
Short term
$0.10
$0.12
Mid Term
$0.20 (Nearing 300% Profit on the Trade)
$0.30 (ATH_ 500% Return)
Progress of this trade can be interrupted by a sudden dip in BTC prices. If so don't panic and stay in the trade, otherwise you lock in a loss for yourself. Be patient, it will recover and you will profit.
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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
Verge UpdateVerge has a lot of potential this year. The maximum price will be hit somewhere on the top of the parallel channel in the end. We won't assume how high it will go, instead follow it will elliot waves, to trade it effectively. Notice we are on the daily, smaller time frames and you will lose sight of what is really happening. Right now we have a 5 Impulse wave forming, which should take us back to the all time high, (calculated using fib levels and wave projection) by the end of may, which is also the target for the giant inverted head and shoulders that has formed. From there a likely ABC correction would follow. We wont project farther than that because we would need more information and price action. We'll cross that bridge when we get there. I will update.
