hi guys and gals and welcome to the new update on Verge coin. The XVG coin has a very big event on 13 July and almost two days left in this big event. And that is Verge block reward halving.
The breakout from wedge and SMAs:
On the long term weekly chart the price action of Verg coin was moving in a falling wedge pattern. At the end of May 2020 the price action...
Hey guys just want to share this idea. I believe XVG is bullish right now. We don't have lot of volume but i think it will come very soon. Right now we have this nice falling wedge looking to break.
I entered at 61 sats. I'm in until 140 sats.
Do your home work and don't blame me if this go wrong. Always use a Stop loss. Mine is 59 , so very low risk
Hi friends is hope you are doing well and welcome to the new update on Verge coin. The XVG coin has surged more than 500% with US dollar pair and 205% with Bitcoin pair. In my previous post I posted analysis with US Dollar pair if you missed that then here is the link for that...
Looks like a Inverse H&S Forming.
Right shoulder has less volume to confirm.
20MA is holding as support. Above 20MA is bullish.
HODL for now gains are to be made.
Not financial Advice!
Good Luck Traders!
Cup and handle formation
Height of the cup added on top of the cup puts us around $0.019 - 0.02
A low of $0.0012 to a high of $0.01
Looking at 100% gains here.
Not Financial Advice!
Good Luck Traders!
Hi friends hope you are well and welcome to the new update on Verge coin. After mid of March 2020 the XVG coin has surged more than 500%. In today's post we will try to understand this move of price action of Verge coin.
The expected bullish Shark:
In July 2019 I posted a chart. Where XVG was expected to complete the formation of bullish Shark pattern on weekly...
i want be clear on this analyse because that one is very simple if you play it on Long Term.
You can Compare directly XVG to ZIL ( because Zil mooned days ago ) + i am checking XVG from ages.
i used Bittrex Exchange because XVG is listed from long time on it, so my indicators are more accurates.
i used only ichimoku cloud + 3EMAS 50/100/200...
Halving usually changes nothing in coin adoption.
It is a signal used by traders to pump the price and make some profit on money of honest hodlers.
Verge Currency Halving happening twice a year.
And this time the price could fall below 0.001 if the crush of world markets will start in next weeks.