SUMMARY
Verge (XVG/USD) is finishing up the handle formation of a very apparent Cup & Handle pattern. Once complete, this pattern should provide the base for price to take off. The MACD is expected to support the upside as shown by the drawn in moving average arrows (white and red).
The Cup & Handle is embedded within the larger saucer pattern (purple). This is extra bullish because then the bull patterns are layered and packed...it's most ideal!
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XVG will make me a cool million $ by year end.
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This would be awesome to see for the Verge team of investors...i swear...they have gone through so much shit with haters on twitter...the worrisome thing to me, is that people mocking them have tens of thousands of followers, and these followers are being guided by someone that thinks a partnership putting billions of eyeballs on a screen showing what crypto currency is, as a bad idea....it is so galactically stupid, that I'm still trying to get my head around this...yes Verge has had some problems, but so has have many others including Ethereum...A major university study came out and showed a Monero vulnerability...they all have issues...i just hope these investors get paid for their hard work...Verge actually got something done, while Charlie Lee and Roger Ver have to cry and ask for table scraps...no other teams have partnered with something this big so far...this crypto space is weird stuff
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Good comment... I fully agree. At least Verge team went out into real world and achieved THE REAL partnership and just AN IMAGINARY one.
When I saw the price going down I started buying although I wasn't investing in XVG before.
In 90s porn was what changed the Internet (no matter you like it or not) and I think XVG did a great job here by reaching out to PornHub.
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I agree the pornhub move is a game changer, easy buy for me.
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totally agree darko...i invested as well....it was a no brainer....one of the biggest partnerships in history so far, and blood in the streets , makes me drool at the mouth
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I think it's because people were hedging their bets that it might be BIG like PayPal or Amazon, they just decided to cut losses when it wasn't a 7.5 richter magnitude quake of significance in the cryptosphere. Daily buying and selling rather than people invested ideologically in the project or for the long-run. Such is the cryptosphere! Seems like it might lead to that level of partnership though if it's a success on PornHub.
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Good points kate....i was in a discussion online with some people and was telling them that this isn't just good for Verge, but good for the whole space...i don't think they are getting the accolades they deserve...if you think about a few billions hits every year, and them seeing a crypto currency to use as payment, that will not only spark interest, but also entice them into researching what it is, and eventually maybe investing in other coins...i just don't get people sometimes...like you said "Such is the cryptosphere"...have a good day :-)
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The price went down because the Good News was already priced into Verge. So the majority took profits, hoping for a pullback and a buy in opportunity at a lower price. Well, that is exactly what happened. The Verge & Mindgeek partnership is massive. Let people underestimate this partnership, because by the end of the year, they will regret not buying up more cheap priced XVG.
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OOPSIES I DESTROYED YOUR SCAMMY WEBSITE
Haejin I wish you MAAAAAAASSSSSSIVVVE FLAGS!!
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Redacted
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I agree the pornhub move is a game changer, easy buy for more.
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Great! I sold all of my XVG at between .09-.11 I was trying to figure out a good re-entry point so this is very helpful!
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Did exactly the same!
Proper dilemma now!
Although took some healthy profits..
It might still correct further although isn’t looking that way for now.
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I think good chance might even go little lower, if so I’m buying a tonne and holding long term. Made my short term profits on this one.. 😉
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Spot on with my views! thanks brotha!
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@haejin, thanks for this.
is there anyway you can check DCN? on like a hourly chart?
Also, Can you PLEASE check GRS/USD on trading view?
Im lost!
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😂👌⭐️
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SORRY I DESTROYED YOUR SCAMMY WEBSITE
Haejin I wish you MAAAAAAASSSSSSIVVVE FLAGS!!
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Been thinking if verge was a good investment.
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OOPSIES I DESTROYED YOUR SCAMMY WEBSITE
Haejin I wish you MAAAAAAASSSSSSIVVVE FLAGS!!
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Do you think it would drop much more in finishing the handle pattern ?
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Redacted
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Hey @haejin ! Thanks for this analysis.
Take a look at EOSBTC - the formation that started July 2017 and is resolving now is one of the most pristine cup & handles I've seen. Simply perfect!
I wonder whether the move that started 18 of March is already a breakout or maybe another smaller c&h has been formed. Nonetheless, beautiful!
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thnx for the analysis... just please use USD instead of BTC...
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OOPSIES I DESTROYED YOUR SCAMMY WEBSITE
Haejin I wish you MAAAAAAASSSSSSIVVVE FLAGS!!
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I upvoted you for your analysis and I follow you, but please be respectful and admit you are trying to fish here and catch the attention of some of his readers for your own gain.
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Good job! alot of people hate haejin cause hes good lol. and the others hate him cause he makes alot of money and theyre mad.
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감사합니다. 버지 가즈아!
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The market has finally turned bullish, Verge will return stronger than before
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I agree XVG for longer term. However the history of it has always been very long, drawn out and complex corrections so could take little longer?
I’m hopefully because I would love to buy some more at a lower point 😉
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Sorry @kimjongpoo, I did not know you had nothing better to do than just shit out of jealousy. Go and do something useful with your life. Shitting here is useless. You do not use a Avatar, are you that ugly or do you have a shitface?
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Verge the fork that can
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Thanks Haejin. Maybe around 45 cents it bottoms?
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