VERGE (XVG) - Looking for Fib targets? This is for you

31 Ara 2017

Hi my dear friends!

This is a 6 hr chart of verge?
Why 6 hr?
Because at this time frame, we can clearly count the 3 corrective waves that is the down trend in the box.
We can also see from data that fib levels had been a rather precise ruler to estimate this coin, as I explained in the callout box.

The next fib targets are labelled in green (if you drag up on the chat)

They are:
- 2700
- 3850
- 5050
- 5850

It takes time to develop a trade. HODL it, sell when stoploss reached, and ya'll be fine :)


*This post is more for people who are already in verge trade, if you are not in the trade and would like to join, please find an entry price that is comfortable to you on your own.

Good luck!

31 Ara 2017

Not

*Expected correction to 1366 (.5 fib)

31 Ara 2017

İşlem aktif

I would be surprised if it goes lower

31 Ara 2017

İşlem aktif

we are heading back up, but don't be over-optimistic. Always be ready to react to the worst case scenario!

31 Ara 2017

Not

My thoughts on chart pattern

31 Ara 2017

Not

This one has better proportion

31 Ara 2017

İşlem aktif

This update is for my own entertainment.
Boxes with the same colors are of similar patterns.

1 Oca 2018

Not

That was an absolute bloodbath, corrected all the way down to .236

9 Oca 2018

İşlem aktif

buy zone

9 Oca 2018

İşlem aktif

Hit our buy zone.
We have ourselves a position.

9 Oca 2018

İşlem aktif

A good start is always pleasant

10 Oca 2018

Not

one min chart looks fishy, reduced position size

10 Oca 2018

Not

worst case scenario

10 Oca 2018

İşlem aktif

order book on bittrex:
whales keep pushing down the price with sell wall/filling their own orders at a substantially lower price.
Assuming they are trying to accumulate more of their long position. -->Don't panic sell easily and fall for the trap.

12 Oca 2018

İşlem aktif

everyone sees this pattern. It is picture perfect.
The only thing we need now is volume.

If we drop below lower trend line for some reason (its crypto, anything can happen), we go to the floor and wait to buy back there.

14 Oca 2018

Not

just bounced from lower trendline.
Need to be trading above EMA50 & MA50 on longer time frame to confirm another impulse wave going up.

14 Oca 2018

Not

hovering around trend line, take care.

15 Oca 2018

İşlem kapandı: durdurma seviyesi

This one hit me.

27 Oca 2018

Not

If we drop to 470 we buy

31 Oca 2018

Not

again, 470-500 we buy

1 Şub 2018

İşlem aktif

again, again, 470-500 we buy

6 Şub 2018

Not

I didn't even realize.
The low was 502.....................


My order at 500 was not filled...................................