We have a bullish bottom signal from the MACD. Could this flag actually happen? Anyone else have thoughts on the chart?
This is the 1-Day Trend of Verge, XVG. The other day, we were overbought. But Verge is making a healthy correction now, as it drops back toward the EMA 15 (Red Line). Get ready to start thinking about buying as 1) you see price move closer to the EMA 15, and 2) the RSI is less than 45%, or what would be even better is if it went below the 20%. Keep an eye on...
Based on the last rally and utilizing mostly fib retracement to estimate a buy location (without signals), I'm seeing we'll enter a buy area within the next couple hours while creating a bullish flag or pennant (more likely a flag), then we should begin the rally into a Christmas morning surprise completing at $0.529 or nearly half way to Ripple's value. Ripple...
XVG has held up remarkably well against this recent correction. Now that we're not constipated anymore by the correction, all that pent-up buying is taking off. Verge has been surging...heh. And I believe there's more juice left in this crypto. Bullish downward triangle is a pretty sweet signal, especially when the MACD looks like it's about to turn up as...
I'm seeing Verge is Bullish with the flag nearly formed, which will signal the continuation of the previous 300% rally, for an additional 300%. The additional 300% appears to have a starting position right near the 61% Fib retracement line. Also, Ichimoku shows we'll be touching the shoulder of support for a likely push upward. Expect this to start tonight or...
The Head and Shoulders pattern is typically a bearish sign of a trend reversal. We see one having appeared here and at the moment we are just at the neckline. If the neckline is broken we may see a continued trend reversal. But we have also seen this pattern reverse and lead into another bull run. What I am most uncertain about in this analysis is the volume. As...
I found some support zones with fibonacci retraction. Verge is coming out of a bullish triangle. And possibly another triangle will form after this correction.
One of the few privacy focus coins $0.10 Psychological + Supply roughly 90% circulating "cheap buying season almost over"
Lines are self-evident. Both the log and non-log 4H chart looks like a bullish ascending right triangle. The shape really becomes discernible on the log chart. Combined with what looks like a recent ABCDE Elliot Wave correction triangle pattern forming, expecting a bullish rally into the next month or two.
Don't take this analysis as a trading advice. Hopefully in a few days we can reach up to .01$ just HODL on Verge <3
Don't take this analysis as a trading advice. Hopefully we can reach 0.01$ in the next few days, just HODL on Verge
The risk reward for this setup is great. It is worth taking if you believe in this project and like what they do. This is obviously a long term hold and if we can break out of the triangle we are in. Then sky is the limit. What are your thoughts? Trade with care.
My first published chart. Welcome all compliments and criticisms. XVG is coming to the point in a pennant started back in May. Its unlikely that if Segwit2x plays out, that the same trend will continue. However, that the price action has consistantly hit a high of $0.0082 and stayed healthily above 0.5 in the retracement may show signs of future growth for this...
Bitcoin has been seeing ATH while Verge has been consistent with being stable bouncing within 100 sat over 6 months with much respect to the trend line and support at 80 sat. Price targets 120, 180, 250, all very reasonable. After updates, Tor integration, I2P android wallet, wraith protocol "Optional private ledger", VISP, wallet UI overhaul, atomic swap, update...
In this TA we can see an uptrend with a potential for a long position with a chance of +220% performance
Just an observation - what do you all think? Check out the similar circled downtrend patterns. Can we expect a huge IMPULSE BREAKOUT?!