Apologies on the late/no updates! I've been traveling out of state for the last week and will be doing so for another week. Sorta inconvenient timing as far as Legendary XVG Shorts are concerned ;)
I scooped my whole bag up again at 364-366. I can sell now for a nice 4-7% gain, which I'm going to do. However, it could scooch just a bit higher (389-398), so i'll...
Whelp...It's been quite a ride this month & a half, with all of you. What a legendary go - One for the books, if I say so myself!
I'm sorry I could not update at the floor today, as I was soft-banned for posting the discord link in the above thread. I posted that when I was on a premium trial account, and it is now against the rules as I am back to a free...
Another quick update for your favorite Legendary $XVG Short.
I believe a desc scallop with a target of 448-462 is deceiving some folx today. If I was you, I'd get out on this peak, in order to re-buy at least around 450 - if not our ultimate 390 target. BUT, I'm not you, and this is NOT professional trading/investing advice!
We might see a bit of juice...
XVG is juuust about finished with it's 2 month long correction that came in the form of a beautiful falling wedge.
However, we are not out of the woods just quite yet. I think we will be rejected in the purple circle. However, disregard this if we break above 560 - at least for your short-term consideration. For the more aggressive traders, 560-580 is...
We dipped below 6mo support thanks to bots/people thinking old bitfinex listing news was new...news, lol.
Our tiny hit-box was breached dead-on almost a month out, yesterday.
Prices to keep an eye on:
325 horiz supp
...hopefully Verge doesn't die, lol.
1. Bitcoin doesn't do any crazy moves.
2. The Verge team screwed up the chart with the overhyped announcement of the partnership with Pornhub. Some people may have lost their believe in XVG.
3. The spike around the date of the announcement doesn't count.
4. The Fans of Verge are strong hodlers.
We're looking at the 4h chart, the...
Price action from ~0.00001419 on April 17, 2018 till present date is identified in this analysis as an ongoing corrective (3 wave) move for Verge (XVGBTC) that not yet complete. The downtrend is described here as a possible zigzag Elliott wave structure. A minute wave ((c)) of the structure (last leg) that is currently ongoing should see the price of XVGBTC...
Can't believe it took me this long to spot it... but it's clear as day that $XVG is forming a classic right-handed downward pointing Edward Pitchforkhands outcome probability technical formation. XVG is traveling through the hand, as we speak. It will soon choose which finger(s) it prefers. It must hit the yellow line in one of the two golden boxes. Edward shows...
Price close of ~0.00000327 on March 18,2018 has been identified in this analysis as the termination point of a Primary wave degree i.e. wave ((X)) or an intermediate wave degree i.e. wave (C).
Besides, minor wave W at ~0.00000985 on April 03,2018 is the latest pivot for XVG/BTC. The implication of the above is that minor wave X should follow after which minor...
XVGBTC Bittrex 4H up to 31MAR18
4H Chart, also works in 1H, at this time the VERGE (XVG) after moving and tested SUPPORT ZONES 1,2 and RESISTANCE ZONES 1,2 is on its way to test the SUPPORT ZONE 3 (0.00000510 BTC), in order to advance to RESISTANCE ZONE 3 (0.00000640 BTC), which is the best scenario taking in account that the MACD and RSI are like about to cross...
See if this sucker breaks the wedge in the positive.. If it does It should run up to 1500 satoshi.
Risky buy, better to watch closely as soon as bullish indicators (like breaking wedge to the +++) buy some for a swing trade.
Support around between 800-1000 resistance 1500+