VERGE (XVG/USD): Pattern, Waves and MACD Confluence

in verge •  7 years ago 

SUMMARY

Verge (XVG/USD) is labeled as WXYXZ (blue) and the final Z wave could have completed. The subwaves confirm the placement of each of the complex wave correction. MACD has also broken out of the upper blue trend line. What would be the most probable next scenario? Higher highs or lower lows?

The pattern shows that the right side wall of the rounded price formation has probable started. This usually occurs as an impulse motive. The primary count calls for the blue arrow pathway and likely, so does the MACD. However, the propensity for price to time extend horizontally is not to be underestimated. Having the whtie arrow pathway into awareness should help. Overall, most Crypto Waves, Pattern and MACD are pointing to a potential rally from end of April to July or so.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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Upvoted, happy to contribute to this blog. You deserve every dollar!

Verge is about to release a press release on April 17th. They have partnered up with a major partner. The price is expected to sky rocket the announcement after the 17th...beyond 30 cents is expected.

right after the tax year ends! This coin has kept its value so well dispite the fud, strange no?

Thanks for the post. I'm interested to see what happens with XVG...especially after all the new about them this week with the suspected "hack." I'm not sure of the specifics but I do hope that XVG will be able to bounce back from this and make some strong moves to prove their strength and worth. -Respect

I am a fan of Solaris and ZenCash. This Verge has a red flags.

verge is correct definition of Pump and Dump coin!!

Thanks for the post , seems really intersting will follow up

Excited about xvg. Hoping to break the ATH 😊

@haejin Please analyze Recovery Right Token (RRT) bitfinex!

Thanks for this educative post. Following your blog now. :)

this is a scam coin. nobody should invest in this crap.

Would love an update here, you feel its on track with this..? :)

@haejin Can you please post an update on Devery (EVE)

Hi boss am always happy you are around, you just can't stop dropping the hot work, more from you boss..

You are the best boss ever...

How new is verge?

Thanks for this post.

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Thank You! ⚜

Always enjoy the Verge updates!

  ·  7 years ago Reveal Comment
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  ·  7 years ago Reveal Comment

I am learning new things everyday. Don't quite understand all these but getting there slowly. Thanks. I upvote your message with what small vote power I have. Thanks

These are abusers who are even proud of what they did.

  ·  7 years ago Reveal Comment

Wololo!

(RandoHealer has healed this post because your blog was targeted for healing due to malicious downvotes!)