Verge bull flag

2017年12月31日

XVGBTC
Chart speak for itself.

2018年1月1日

註釋

The bull flag didn't fully realized but we will get to the target.

2018年1月2日

註釋

Here are my thoughts on Verge for the next 7 days.
We are forming a big triangle, for now it appears to be a symmetrical triangle but if the support at 880 is not holding then the next logic support is 800 which gives us a descending triangle. Descending triangle usually resolve on the down side. So we got two choices:
1. if 800 holds we can go as high as 1450 - 1500 where we can breakout or come down.
2. the 800 support is not able to hold and down we go.

2018年1月2日

註釋

I'm still optimistic that XVG is going up, the reason is that we are forming a sea clamp (look at ichimoku indicators for that) which will drag up the price to around 1300. We got a tick bearish cloud around 1200 to 1400 so that will take some time (2-3 days) to get through or get around while the price can go lower again.
Will see how it goes.

2018年1月3日

註釋

2018年1月4日

註釋

We are on schedule as I mentioned above, will spend some time between 1200 - 1350, next target 1600.

2018年1月4日

註釋

Here is an update with the targets