Verge USD 150% Profit ! As I Told you before ! Hi everyone !
Lets get straight away to this analyze of 1 day charts of Verge USD !
As I Told you on 9 of March in this analyze
We are currently in the process of formation of Big H&S Pattern. Next target 0.087-0.097 ! But Be careful as we may break down as we still have a low volume !
Reasonable buy would be around 0.036 (just above our HIGH from 16.03.2018 as on picture below).
Stop loss would be in this case. 0.0315
Sell target 0.087
We should follow a yellow curve, and as you can see The DEMA50 have cross DEMA200, which normally is a sign of change of direction in a close future. And As you could see we get to the bottom of our support line from 2015 ! If we will break it, that wouldn't be a good sign.
Thank you for reading, feel free to leave your feedback .
This information is not a recommendation to buy or sell. (If you will take my advice, I don't take any responsibilities in case of loss.) It is to be used for educational purposes only.
XVGUSD trade ideas
XVG Verg Coin still in the Sell Cube moveBy examining different dimensions and angles
The ratio of recent events in the financial and global markets
Recent developments in the Crypto market
For Example : Google Banning Ads-The battlefields of governments and the country for the Crypto Market
And bad news from the beginning of the year of the year 2018 for this market, Crypto Market
And all the problems that have occurred recently in this market
The weak volume of liquidity and the low volume of poor buying in this market
Expectations are as follows
Can not be definitively said that
In the first six months of 2018, we will not see price growth but
Though 3 months have passed since 2018 market in red and bearish down it
Shareholders & Holders are should be wait and so on
They need more time to retrieve the price
At this time I write this article The current volume of dollar investment in the entire market is Market Cap: $330,194,238,746
It should be the volume of total market capitalization
Something about twice market cap that to help XVG or Verg Coin can go touch up price 0.30 Cent USD
Expectations should be this
We have to wait for the excitement and price change and price growth for the second six months of 2018
From 5 to 6 months next
In the second half of 2018
Almost all coins charts are in one form and coincide in a descending channel same
And if something happens in the future at a precious price
All together we will see the growth of all coins
XVGUSD to drop to new low before the next bull moveCurrently XVG is stuck in the 0.056-0.062 range, and looking very similar to XRP. Due to the strong upmove in December, it is hard to find supports from the upmove on the daily chart. The next support found is at around the 0.02 area and it looks like the best place to buy XVG for now. There might be a bounce at the 0.045 level to make the chart look like a double bottom but I still think a new low is needed before the next upmove. I like Verge as a project, but currently BTC is just way better than any alt coin. Just wait for the drop and buy lots of verge at a low where people start calling it a flop.
Having said that this is all just for educational purpose only.
XVGUSD - Converging linesLots of converging lines for the log chart of XVGUSD.
The RSI is approaching oversold and the 60 and 100 day moving averages look like they are about to demonstrate a cross, similar to how they did in the past exponential growth wave.
Additionally, a ton of converging trend lines are pointing to something happening in the next couple of months..
xvgusd rebounce at 0.03 cent with 10x gainIf 0.03 usd will hold the next 10x gain is possible like it was in previous time in August and December 2017
XVGUSD - Q2 GONNA BE JUICY - $1.00 by JulyXVGUSD had a massive run up leading into 2018. Q1 has been a pure corrective wave since the New Year following the market. As the big 3 start to correct more, I'm betting that market cap will flow into other quality coins, XVG being one of them. As it has two major milestones coming up for Verge with support for RingCT and RSK contracts. It's headed toward the 1D 233 EVWMA band which will provide good support. There will be a bounce...and if it's motive... gonna be juicy in July.
#XVG #VERGE - Lower Lows - DEDVerge seems to be dying a slow death.. lower lows after each attempt to go higher. down down down. Ouch.
I'm glad I abandoned this coin when I did a long time ago.
Buyer beware!
XVG USD Hi, lets get started.
Looking at 4 hours charts, we can see that we are in a bearish trend, but from my point of view, it's look like we are in process of generating a huge Head and Shoulder pattern. which should take us all the way down to around 0.026 USD/XVG ! after that we should go all the way up to 0.09 and fall again to generate a right shoulder. (This is just a scenario of what can happens, it's not a trading recommendation). In past couple of days we could see massive selloff, but that's normal when price is going so low (comparing to BTC) XVG went lower than others cryptocurrencies, which have stopped falling after the 5.02.2018 and rise. Why is that? Because XVG rise around 4000% comparing to BTC around 300% .
Thank you for reading, feel free to leave your feedback .
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
xvgusd above $1 in Middle of this yearWith cyclical pattern the XVG Verge will rach valuse above 1$ in the middle of this year
Verge Market Cycle - Will we see Depression?Verge currently in good Buy Zone (same as many other Alts). There is resistance at the 0.786 right now. Depression phase still possible.
XVG Verge about to break out Verge (XVG) is one of my favorite Alt Coins. It's a solid coin that is in real world use cases today. It has an active marketing team, a roadmap, and a solid development team.
It is one of cheapest coins in the top 30 market cap. After the correction it's currently about 80% off of it's all time high. It's relevant to the crypto-world, and XVG is focused on Privacy which is an important attribute for a decentralized asset. Verge has a respectable market share of 800 Million Dollars plus making it number 29 in total Market Cap, Trading volume in the last 24 hours is over $12.5 Million and XVG boasts of the strongest communities of supporters out there.
As to practical use, I've used Verge to transfer funds between exchanges and I can tell you that converting to Verge and transmitting my funds to another exchange is by far the fastest method (a couple of minutes) I've ever used. It was worth the commission to convert to Verge and back to me in a time sensitive situation to catch a trade in an ALT coin that was not listed on my favorite exchange.
Verge is about 25% of it's all time high just prior to the BTC decline. Verge was also savaged by some FUD spreading rumors that all turned out to be untrue which undoubtedly hurt it's price more during the decline. Even with those attacks, Verge has held it's own and the weak selling volume during the decline in price seems to back that up.
Today Verge is in a triangle formation that is nearly closed which predicts a break out. Two previous attempts to break to the upside failed to break the upper declining trend line further back. What is new is that now we have the very recent formation of a lower leg in a triangle creating wedge pressure to the upside. Barring a downturn in BTC we can look for a near term breakout in XVG to the upside.
Some may disagree with where I've chosen to draw my Fibonacci levels but I feel it best helps to demonstrate the resistance and support levels for this situation. The two rectangular boxes represent zones in which I would consider taking partial profits so long as the trade looks good.
My projected target zone to close a short term trade is about $0.20 for a profit of 262% from todays price. I would not enter this trade until a daily candle closes over $0.0648 and set a stop loss at $0.055.
For the average investor, todays price is an excellent buy opportunity and a long term hold ignoring a short term trade. I feel Verge could easily reach $1.00 by mid year if so, that is a 18X profit from todays price.
Personally I've been adding more Verge to my portfolio since the first of February 2018.
Good Luck!
xvgusd #zoomout1 year layout for monitoring. Consider the "buy areas" and triggering zones.
Next peak around $1.26
Buy once price breaks above out of narrowing descending side trend.
verge dolla dolla bill yallBINANCE:XVGBTC
just for reference will also post the BTC pair as well. expect this to lag...If bitcoin is bullish XVG will probably be sold off even lower again. And if BTC is corrective (bearish) we could see XVG retract in USD pair and balance out by increasing the BTC pair. (if BTC sells off harder than XVG we can see USD pair decline while the BTC pair "catches up to the BTC pair" --> a bullish scenario is created when BTC and USD pairings increase at the same time, with one exceeding the other and vice versa).
And thats what I think will happen. It may take more time than this, but im going for estimates. and direction. 3 weeks and we will have much clearer picture.
XVG/USDVERGE (XVG) is showing a rather bullish wedge that broke out and price worked to put in wave 1 and is likely still working to finish wave 2. While wave 1 isn't the most beautiful impulse; it is acceptable given the bullish background in Cryptosphere.
The subwaves have been labeled and the corrective abc shows that C is complete with all five subwves. This gives good odds that the resumption of the uptrend could start.
The blue waves show the projection of the next round of impulse waves. Some are calling for the Head & Shoulders top formation; but this is a topping formation and they don't show up at the bottom of a correction.
XVGUSDXVG is looking pretty good. It will pump up soon. Place order just above the red dotted line in case it goes down. It is very unlikely for it to go down because it has found pretty sold support at where it is now.
Let me know if you have any questions about this ta..
Thank you