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XVGUSDT

XVG / USDT Large cup. Rollback.An almost perfect cup with a base of 2000% formed. Rollback from the resistance of the cup (yellow level) by -81%, the price is at the dynamic support of this formation. If there is a local reversal breakout of the local downtrend (red). Potentially, within the framework of the formation of the 3rd phase of the cup, the "Dragon" formation is being worked out. The resistance of the cup to fly on this "rocket plane" is about + 180%. This coin on coinmarketcap: XVG (Verge) XVG / USDT Local work. Large cup. The Dragon. If the price overcomes this resistance and consolidates, then the potential for working out the "cup and handle" is enormous (the bottom of the cup is 2000%). The target are impressive, but it probably won't happen now. To the historical highs of these values ​​+ 900%. But do not forget that from the 2nd phase of the cup (accumulation after reset) the price is now about + 560% against the dollar, take this into account in your trading. Comply with risk management and limit them.
X
by SpartaBTC
8
Verge bigger view for HOLDERS part 2 Hello everyone and welcome to an update to my previous analysis of Verge for holders. If you will read all of that just read my quote at the bottom as I think first line applies perfectly to this. As of writing price is around 0.044 level after pullback from lows of 0.0375. As i pointed out in my previous analysis that around 0.076 we have a strong resistance levels and as you can see it worked out and we had a pullback to previous resistance which NOW worked as support ! which is really important to point because when broken resistance works as support that means we still are in uptrend and with that in mind I would like to point that probably we are going higher to next resistance at 0.091 but as a matter of facts I would like to point that this resistance to me looks week as a bit higher we have a psychological level of $0.1 which is my opinion might be in play and from there we can have a retest of resistance at 0.076 from where we had current pullback if it will hold and probably it will we might see a rally from 0.076 towards 0.21 which is around 300% gain. This shouldn't be taken as granted as for NOW this is one of scenarios but we need more data after break above 0.076 to determinate what may occure once this resistance is broken. We also may have a rally straight towards 0.21 by looking order book on biggest exchanges. Any news from vergecurrency team may lead to bigger gain than that. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
3