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"
XVG successfully broke out and is now poking right at long term resistance at 184-185. If it breaks that than will go further up maybe we can see a new BTC ath soon.
VTC after making a double top, lost almost half of its value in past few days. This presents a significant buy opportunity, followed by lucrative targets. Currently we are observing formation of a possible inverse H&S. Buy order should be placed above the H&S confirmation level (0.00053). Also, note that 50MA is coinciding with the H&S confirmation level and acts...
Q4 Roadmap goals are near. Verge in USD is seeing all time highs. Supply speculation. Compare Verge 16.5 billion max 14.3 billion circulating, All time high .009usd and 224 satoshi. "Ripple" "100 Billion max" 38.7 billion in circulation, All time high .42usd and 23,000 satoshi. Cardano 45 billion max 25.9 billion in circulation, All time high .16 usd and 1600...
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.
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.
Verge looking Bullish, it is a good idea to accumulate this currency when it touches its support line, a -7% stop loss can be placed to prevent losing extra money in case this happens. However, the market is looking strong as the price seems to be consolidating and it currency price from the recent increase.
XVG announced new Wraith protocol for 6th November and we can already see great movement from the past few days. If we missed the train, when the price was around 80 sat, we can still benefit from this with price channel trading. Entry point: 95 - 102 First sell target at: 125-130 (previous strong support) Second sell target: 140 -150 NOTE: It was delay...
Personally invested in Verge and Holding. I am new to charting so take it with a grain of salt.
Likely rebound to previous high, if cross 200MA
Verge could give us some good Gains if this Setup will remain Its a clear picture and actually everything seems like a clear guide to go "long" on Verge ... but be careful like everytime in our cryptospace - who knows anything... Here are my Entrys & Targets for this Setup: confirmed Entry: min. 0,00000098 (Price: 0.00000096 + 3% (for confirmation)) Wait till...
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...
Just an observation - what do you all think? Check out the similar circled downtrend patterns. Can we expect a huge IMPULSE BREAKOUT?!