Verge is on a crucial spot now. it's going to attempt a Breakout on Minor Resistance Zone (Pink Line) and then spike up to a new ATH. As Wraith Protocol was fully released, Verge is ready to fly now. The bullish setup is all here, patience will be the key of success here.
Buy a BIG bag of XVG now and Hold. Sell 10-20% of your coins at local tops and buy it back lower. Don't sell it all once or you may regret.
@cryptogrowing do you think is goint to reach all the targets today or in days to come? thanks for the TA bro
cryptogrowing
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@Alexirnoch, Expecting those targets to be hit once Bitcoin stabilize in another consolidation pattern. This is probably going to happen in the next few days. Could happen earlier than expected but, who knows. Happy trading!
UnknownUnicorn1539772
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Btc to X charts are faulty since '17
cryptogrowing
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@dklug8, What?
UnknownUnicorn1539772
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@cryptogrowing,
due bitcoins high volatility and rise, charting a Symbol against BTC is quite inaccurate.
I've talked with numerous experienced traders about this matter, better use the (calculated) USD.
Just think, It's like you use Apple Course to Microsoft (given that you can buy M$ only with Appleshares and those with USD).
Imagine a 1h interval chart you paid 1 Apple for 1 MS -> next interval nothing was bought of the M$ shares, Apple has a drop by 0.2 so even if no actual M$ share would have been sold the candle differs. Do you get my point, one cant rely on what the chart says, because there is a second hidden factor determining it
UnknownUnicorn1539772
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@cryptogrowing,
Just check your BTC Chart against the USD one, ... you will get my point even more clearly
And spread this info ... the only thing you might create is a self fulfilling prophecy
aloretoc
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Any update on this? is this still viable?
cryptogrowing
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@aloretoc, Hi! I'd say it is on the best buy zone right now, aloretoc. Once it break up the triangle again all the old targets are valid again. Happy tradings.
VanBenno
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Also, it looks like your analysis is that it will arch up before crashing into the floor again.
I tend to agree with that sentiment.
VanBenno
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You think this coin has any kind of decent fundamentals? During my research I found that this was basically the hobby project of an amateur developer and then McAfee was paid to promote it and things got out of hand...
Just looking at the Github page I can see nothing which inspires confidence. A lot of copy / paste code and amateur mistakes...