VERGE / USD TA
Here we are looking at 12H TA for Verge vs USD which does not look overly bearish or bullish just yet and is showing us that upward momentum is highly possible here if we see continuation on BTC charts to the upside in coming weeks.
Verge holder needs a break about main resistance zone to become a bull, anything under it still shows us that market...
I see some people who do not turn on the log setting on their trend-based fib extension analyses.
This is with it on.
Is this correct?
I particularly like the .618 is basically hovering around Verge's ATH. I also see interesting fractals (colored ovals).
Comments would be greatly appreciated. Thanks!
After a fiver wave up (white); there must be a requisite correction; per Elliott Waves which is governed by Fib mathematics. This correction is unavoidable and sure enough, it took price all the way down to $0.002.
However, what comes after a correction? In Verge's case, larger wave (I) completed and if wave (II) is also placed; then (III) is next and it would...
Well, if you believe that that you should probably follow cryptomaniac, heh, but, still i can dream, right, right?
Either way, jokes aside, what i am seeing is a repeat of at least a fractal 1 pattern. So we could surge at least a 100% easy, given to some favorable news, plus some technical favor.
There is however, a massive downside possible, so definitely...
XVG / USD TA
What happened to Verge? Will it ever rise again or did we call it quits on trading it?
From looking at this long term 5D TA we see that we are currently following a massive downward channel which actually produced a bear flag already and we are on the second wave down. Strictly looking at historical movement and this one pattern we are working with,...
With Verge its good to be in play before a bull run because of the growth trajectory it tends to follow. Now ~80 on Coinmarketcap its worth remembering that it wasn't long ago that this was a top 15 coin trading at 30X 3000% to its current price point. Its traded on the big exchanges and is currently sitting on its Point of Control POC: price point with the...
XVG / USD TA
Here we are finally taking a quick look at VERGE with USD pair. Instantly we see that we are following downward channel ones again. It's actually not a bad sign as if we take a look at historical movement, we will see that nearly 100% of the times, Verge produced a mini pump with a strong breakout right around this area.
To add to the excitement of...
questions are valuable and worth exploring
you do not need the answers
only the ability to ponder
- could it happen?
- sure its a 1.4 trillion dollar market cap but what are we going to use as a measurement of wealth on the planet going forward?
- could the $USD proof of debt protocol with unlimited supply suffer some dramatic price corrections?
- can the...
We have touched one established support and the stochastic oscillator is indicating oversold. Looking for other signals as this trade is going.
Stop-loss slightly lower than the second support level.
Verge price has seen many downfalls for a long time, with the most recent 7 days being the most exceedingly awful. XVG was confronting a great deal of variance in its value continually and was, in the long run, heading downwards.
Verge(XVG) is a decentralized open-source digital currency that maintains anonymity in its transactions by clouding the IP address of...
