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XVGUSD trade ideas

#XVG #VERGE target +65% to $0.1818 USDI really don't want to chart Verge right now, because it's been so sideways, but I get a lot of requests to post XVG updates, so I'll go ahead and do it. I have a long term vision of about +4000% but I don't want to share that until we break above the resistance levels on the 1d charts (mid Feb before that happens is my guess). For now, this is a short term target within the next 24 hours. It appears that Verge is forming a bullish flag from the bottom, the bitcoin bottom, which is showing positive traction moving upward. Based on the length of the flagpole, we estimate the expected gains should be around +65% with a target of $0.18 USD. See links to a few of my other charts below..
XLong
by Tin.Foil
12
XVGBTC would most possibly crush due to planned FORK in next dayAnother disaster is coming, Vergecurrency announces the wallet upgrade and fork forcing exchanges to upgrade wallet or stop trading XVG. twitter.com After Disaster with Wraith release in 1 January most possibly this will kill xvg finally, as soon as any problems with wallets will appear. That there will be bugs, is VERY probable as of nobody can write code with absolutely no bugs The problem with XVG is everybody is very sensitive to any fail. Better wait till the fork is finished and most of exchanges report that they are able to use the new wallet or stop trading XVG before investing.
XShort
by viparmenia
13
XVGUSD - Update on Correction and Potential Buy OpportunitiesFollowing our previous analysis on this CC (), we have seen a minor impulse to the upside - congratulations to all those who are in the buy from our entry area. However , at this moment, this impulse to the upside seems not to be followed by it's own correction to the downside, but by a correction in the opposite sense (flag, in yellow): this would signify that, in reality, XVG BITTREX:XVGUSD is preparing for more downside. In this case, the downside is expected to go back and break the previous low at 0.061, before resuming it's upward impulse. Having done all the above considerations, we recommend putting positions in break even or at least to expect a little more downside, according to where your buy entry levels are. Monitor closely. Updates on this and smaller timeframes will follow. In relation to cryptocurrencies, let us remind all traders that any attempt of forecasting based on wave and structural analysis has to be taken in a very conservative manner, as these financial instruments could not have been traded in the markets for a long enough time to consolidate their structure and make a valid projection possible. If you feel that our analyses and views may be a useful complement to your trading strategies and in order to be notified in real time with our updates on the lower timeframes, please remember to click on the Follow button. 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. Thank you for viewing.
XLong
by TradingClear
2