Tron, Verge, Cardano "Approximately Same Pattern"I just drew what I think is going on with the Alt coins. I am thinking that the timing for the Alt coins to make another run will begin about the same time that Bitcoin begins its 5th wave up to $11,500. I guess we will wait and see. I will do verge and Cardano next but it will be about the same idea
Verge
XVG: every wick form the bullrun is acting as support/resistancegraph says it all.
purple lines are where it has bounced or rejected on this final corrective wave down.
any purple above the current price is now resistance until broken up (then they turn back into support)
all blue lines below are support until broken down (then they turn to resistance).
XVG/BTC - When is the real bottom? 200sts is? #XVGActually I can't find out the bottom of XVG at this time. I don't know how to draw Fibo for XVG now, so I draw as my drawing and hope for this is true. There's no events in near future. Only 31 December 2018 (or earlier) : EFIN Token Distribution for TPAY, LTC & XVG holders
200 sts level maybe the end of this downtrend and there will be a bull-run for standing on top 20 of Coinmarketcap
So don't buy at this level and wait for 200 sts
Take profit at below targets :
- Sell 1 : 400sts
- Sell 2 : 600sts
- Sell 3 : 900sts
This is my vision, maybe true, maybe wrong but XVG is not the coin you need to consider now
VERGE DOWN TO SUPPORT LEVELS - CryptoManiac101We will be near demand zone shortly, then rapid uptrend if breakout occurs in next days.
Enjoy this trade advice 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.
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
#xvg #Verge update#VergeCoin is currently consolidating in a falling wedge.
Trading below the 5,10,20 MA's in weekly, Death cross of 10-20 MA possible in this week
A break below 300-350 region will mean #verge back from where it started: below 100.
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?
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.
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! $$$
XVGBTC. Potential long (232%)The XVG chart offers a simple reading:
Buy a bag of xvg and hold.
See you in a few months
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 VERGEFAM HOLDING STRONGHey guys,
We have seen strong demand on xvg lately after a long bear market. I see undervaluation of XVG and shaky bear hands recently. Long position opened today with a target of 550sats - 45% profit with 5% SL !
Keep it tight - Keep it Real!
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.**
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.
Long term Update (7/5/2018) for $XVG #VergeCurrencyWhile cleaning up my previous chart I noticed Verge bounced off the bottom upward trendline instead of hitting previous support just before the last explosion in December.
I think this confirms the upward trendline.
Hopefully we will see an increase in volume and a continuation of upward momentum.
What do you think?
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!
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