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Vergemoon

XVG BTC for another leg up! Verge Hello everyone and welcome to small update... If you follow my previous analysis you could see that everytime vergecurrency makes higher high on BTC pair it goes above previous local HIGH and crossing thru it making a new HIGH, I think now its another time as we had a quiet few days cool off time and accumulation. \ This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
Strong support at Vergecurrency XVGBTCHello everyone, and welcome again to an update of my previous analysis. As we approaching strong support at 61.8 last wave I'm seeing opportunity for a buy. Support zone is 103-99 sat. we recently went down to 104 but I think that attack on 103 or even 99 may occur in the next 24 hours that is why I have made this update . This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
8
XVG Vergecurrency strenght may stay with USHello everyone and welcome to an update of my previous analysis. As I pointed previously that we have strong resistance at 127.2 fibonnaci level and we had a pullback from that level. There was attempt of breaking higher but it was unsuccessful as candle closed just at that level and from over there we went down to 100 fib to retest it as support, if that will be broken we may revisit 88.6 and 78.6 fibonnaci levels. On other side I think we need to close above 144 for more bullish action and towards 161.8 fibonnaci extension which is at around 162 sat also it is worth mentioning that at 155 fib we have another 161.8 from W1 time frame. Also it is worth mentioning that on Sunday there is a first race of NASCAR with Gill in his wrapped Verge car. This will bring new people into verge so hold on tight and as you all know price won't move itself if you won't it to go up you need to buy if you want it to go down you need to sell. IT is as simple as that. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
2
Verge bigger view for HOLDERS part 2 Hello everyone and welcome to an update to my previous analysis of Verge for holders. If you will read all of that just read my quote at the bottom as I think first line applies perfectly to this. As of writing price is around 0.044 level after pullback from lows of 0.0375. As i pointed out in my previous analysis that around 0.076 we have a strong resistance levels and as you can see it worked out and we had a pullback to previous resistance which NOW worked as support ! which is really important to point because when broken resistance works as support that means we still are in uptrend and with that in mind I would like to point that probably we are going higher to next resistance at 0.091 but as a matter of facts I would like to point that this resistance to me looks week as a bit higher we have a psychological level of $0.1 which is my opinion might be in play and from there we can have a retest of resistance at 0.076 from where we had current pullback if it will hold and probably it will we might see a rally from 0.076 towards 0.21 which is around 300% gain. This shouldn't be taken as granted as for NOW this is one of scenarios but we need more data after break above 0.076 to determinate what may occure once this resistance is broken. We also may have a rally straight towards 0.21 by looking order book on biggest exchanges. Any news from vergecurrency team may lead to bigger gain than that. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
3
Whats next on Verge ? XVG BTC Hello everyone and welcome to my next analysis of vergecurrency. First of all I would like to point out that verge retested twice previous resistance at 78.6/88.6 fib and made higher low, also the price is still above 100MA on 4H chart and above 100MA on D1 which indicates strong bullish formation. As the price is aiming higher and higher I would like to point that at around 153-160 sat there is a few 161.8 fibonnaci extension which may work as resistance (I said it may work but it is not granted as it never is with markets) we need more data to decide if there will be reaction on that level or not, and most importantly price of BTC may affect verge price. If you will look at my previous analysis to USD on W1 with link: You will see that I previously pointed out that at certain levels to USD we may see a pullback and we did have a pullback from 0.079 to 0.045 which was a bit more than I anticipated but BTC price had bigger impact on USD pair that it did on BTC pair. As a matter of fact I would be careful when price will reach around 0.1 to USD which should be around 150-160 sat as there is multiple factors that may lead to pullback. For holders I will just hold as in my opinion after next halving price may skyrocket. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
XVGBTC need to close weekly above 100MA for more upsideHi everyone and welcome to my next analysis of verge currency to btc. I would like to point that we need to close above 100MA which is at 53 sat to change trend to bullish in long term. As seen on chart 100MA worked as resistance in past and it is really important to close above it. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
XVGUSD Verge made higher high and broke from resistanceHi everyone, this is just another update on Verge USD pair, as of writing what we can notice from the chart is that verge made a move upwards and made a new higher high also higher low which may indicate a change of trend. Also pair broke a local 4H trend line. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
3
XVGBTC low interval volume picking up quickly Hi everyone, today I'm doing unusual analysis on Verge to BTC on 1H interval which indicates nicely that accumulation is in progress at our support (38 sat) . As pointed on chart volume at this levels have skyrocket and now it's taking over sellers. Also we are seeing constant attempt to break higher which may indicate that someone is closely controlling this levels as they in processes of accumulation and they haven't finish yet but soon the breakout may happen. Keep in mind that if someone is using technical analysis and wyckoff waves and accumulation process we may see a drop lower before next move up (this is just one of options that may happen) . This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
1
XVGBTC off lows awaiting volume to confirmHi everyone, just a quick update on XVG verge to BTC pair. As of writing the pair was trading at 41 sat, up 6 sats from lows. After reopening deposits and withdrawals by exchanges we can see that on order book on binance we are seeing additional 500mln verge that came on exchange within 2 days, around 250mln under 100 sat and next 250mln over 100 sat. We need more buying power to get the price higher, as of now what we can see that pair is supported above 32 sat where I would point a strong support. Also pair is trading in consolidation which may indicate that someone is accumulating at this levels. Unless we will break above 54 sat we are still in consolidation with a possibility of dropping to 32 sat to scare people to get out of their position at lose and to accumulate move. This is just one of option. Only break above 54 sat will indicate further upside move. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
1
Verge XVGBTC on defensive at 61.8 fib Hi everyone on my next analysis of verge currency. As I highlighted a couple days ago, that verge may go further to the downside to scare people and so that wales may accumulate more of it. At the time of writing this analysis we have seen a defensive of 61.8 fibonnaci at 39 sat. Also we did see a big gain in volumen when price fell below that level which means that someone doesn't want it to fall lower, which may indicate that this is our strong support for now. But nothing should be taken for granted . From fundamentals, binance has a timer set for 26th to reopen deposits and withdrawals of verge which is a good information, also i think around the same time bittrex will reopen. Verge team announced that it should be soon. After reopening there may be a sale of verge as people will panic sell but that will only affect those who are selling as there is not a single reason to believe that verge is dying or dead. The team is working tirelessly to fix the problems as they occur so that is a good think rather than bad. Just read my quote before making any decision, maybe this will help you make a decision. Patience is the key! This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
3
XVGBTC on 2 month old support line ! don't miss oportunityHi everyone, another update on XVG verge. As you can see we had a pullback from the resistance, particulary caused by unsucessfull attack on verge blockchain. Well done Verge Team, keep the good work. Okey lets get back to verge and what can we expect from it. As you can see on the chart, we had a pullback to 2 month old support line and also test of 61.8 fibonnaci, which should support the verge from futher falling down, also problems with blockchain attack were resolved and I think the attack could be to scare people from this coin, so that they will sell in panic and someone who was behind this attack can acumulate more. We should be supportive and don't let the panic affect us in any case. As a matter of fact we should support it by spreading the word about a great job of verge team and don't spread the fud. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
XVGBTC no reason to panic sell ! good time to buy more Hi everyone, this is another update on xvgbtc verge btc, after yestardays problems many people started to panic sell verge, in my opinion now is a good time to get some more, as we had around 30% retracment, we still are holding above trendline and above previous resistance. From the look at current open positions I would say that there is a big accumulation, and that verge is disappering from the markets and with that said there is oportunity for a huge gain as per demand and supply philosophy. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
XVGUSD Verge long term target 2500% Hi everyone, just another update, as I mentioned in my previous analysis that short term target is 0.075 and 0.091 but looking from the perspective of long term I'm seeing a target of 0.5 per verge. I hope that you still holding as this last dip was announced before, as I targeted 0.029 as an resistance This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
2
XVGBTC confirmed an upside moveHi everyone, just a quick update, yestarday verge xvg has broke thru 38.2 fib and closed above it, as the time of writing this we are seeing pullback to it which means that broken resistance is tested as support and from here we should see another leg to the upside. As mentioned before, i don't think that 50% fib will be respected, my eyes are looking at 61.8 and 78.6 fib as potential resistances. Also bitcoin stranght today is fueling the downside move. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
XVGBTC high likely 300% gain in the next few weeksHi everyone, next analysis of xvg btc verge btc is on cards... I would like to mention first that supply of Verge Coin is at 99% and there is not much left, so if you think if its good time to get into verge, i would say it is because when the supply will get to 100% there won't be anymore coins coming and that should reflect in price going up. As of writing price of XVGBTC is 58 sat, and we are currently above strong resistance level, price may aim for futher gain towards 66 sat where we have potential resistance which in my opinion won't be respected or just for a short period of time, as we have stronger resistance at 72 sat which should have a bigger impact on price of verge coin. Next resitance is at around 92 sat, and from there I would expect price to go toward 100 sat and next 150+ sat where 1.61 fibonnaci extension is. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
USA fails to support XVGBTC uptrend ? Will it make it or no? Hi everyone, another of my updates on xvg verge btc analysis. As we can see, USA has failed to support an uptrend of xvg and may want to retest of previous resistance at 47 sat as it's support. In case if the support at 47 will break the next support is seen at 43 sat. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
XVGBTC has to close above 56 satoshi for more upsideHi everyone, just another update on xvg btc, after latest price action, we can see that verge has found itself a resistance at 56 sat, only break and close above that level would indicate futher upside. Please note that we need a strong breakout to indicate that, also falling price of bitcoin my fuel the market of altcoins. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775