Burtoshi

Summary: Verge (XVG) has spent nearly 7 years forming a massive symmetrical triangle on the 1-Month timeframe, compressing between a long-term ascending trendline dating back to 2015 and a multi-cycle descending resistance from the 2017 blow-off top. With privacy coins regaining momentum over the past two months, XVG is approaching a structural apex that historically precedes large expansions in this asset class. Price is currently sitting just above the long-term trendline and pressing into tightening monthly range highs, with both EMAs flattening — a sign of equilibrium before resolution. 📌 Technical Breakdown 1. Multi-Year Symmetrical Triangle Ascending support holds strong since 2015, tested numerous times. Descending macro resistance from 2017 ATH keeps price capped. Price is now near the apex, where long-term compression typically breaks with force. 2. Monthly EMAs Converging 35 EMA and 205 EMA are flattening, reflecting equilibrium. This usually occurs before a macro trend shift. Reclaiming the 35 EMA on the 1M would be the first sign of trend strength. 3. Privacy Coin Narrative Strengthening Over the past 2 months, several privacy-focused assets have shown strong relative performance amid: Regulatory debates Increasing interest in anonymity-preserving tech Capital rotation into older privacy brands XVG historically benefits from these narrative cycles. 4. Key Levels on the Chart Immediate Resistance: 0.0080–0.0082 Macro Breakout Level: Descending trendline (currently just above price) Structural Target if Broken: 0.026–0.03 Ultimate Macro Target: 0.264 (top of chart’s marked level) Major Support: Long-term ascending trendline 📈 Bullish Scenario If XVG breaks above the descending trendline on a monthly close, it would mark the first macro breakout in years. This could align with ongoing privacy sector strength. Upside targets: 0.0080 → first major test 0.026–0.03 → measured move from the triangle structure 0.264 → long-term supply zone (multi-cycle level) Given the size of the pattern, a breakout move could be significant. 📉 Bearish Scenario Failure to hold the ascending trendline could trigger a retest of mid-range supports or invalidate the long-term structure. This would occur if price closes firmly below the rising 10-year trendline. 📊 Final Takeaway XVG is entering the most important point of its multi-year consolidation — the apex of a massive symmetrical triangle. With privacy coins seeing renewed attention, XVG is positioned at a potentially explosive point on the chart. All eyes should be on the monthly close as price tightens into long-term resistance with narrative momentum behind it.

We are breaking out and going to 425k by April 2025. Remember this post!

If STMX can break the resistance around .011 it could have a pretty major move higher. Chart looks promising.

BULLISH MITX ON THE EDGE OF BREAKOUTTHIS IS NOT FINANCIAL ADVICE NOR AM I AN EXPERT BLACK LINES are support. RED LINES are resistance. BLUE LINES are trends. TRADE IDEA: Price is sitting on the 205 ema and looks like it is ready to gain some volatility again. It could sell off downwards and shoot up, but I think we see a gradual increase into a sharp spike to the upside instead. I am expecting .04 then .08 and finally .16 price targets this year. With a lot of Kucoin Gems taking off in price, I expect this one to remain in bullish territory a majority of the year. FUNDAMENTALLY Morpheus Labs is a leader in Blockchain-Platform-As-A-Service (BPaaS) offering mission-critical tools, infrastructure, various blockchain protocols, and blockchain use case references for enterprises and developers to build, experiment and manage their own applications effortlessly at minimal cost and time. Armed with relevant capabilities, the platform offers a multitude of intuitive solutions that enables developers and enterprises alike to take advantage of its platform to build effective solutions for various use cases. Morpheus Labs is featured in the Singapore Blockchain Landscape Map and Tribe Accelerator alongside enterprises such as IBM , Oracle , PwC and Microsoft .

Bitcoin is on its way to 100s of thousands of dollars.

Not a typical Idea of mine.BTCUSD is beginning its second half of the year continuation of the bull market. Daily price action crossed above the 205 ema in a week from lows at 29k. Once we see the 35 ema cross over the 205 ema that is when price will really start to react to the upside. For now, it is worth it to just keep accumulating and not worry about short term price movements. Alts should follow upwards.Not financial advice.