Latest Verge analysis. Things are starting to look quite bullish again for Verge.
The 4 hour looks very much like an inverted head and shoulders pattern, with us currently at the bottom (technically top) of inverted shoulder 2. This also fits nicely into a typically elliot wave correction with prices close to the bottom of wave 5 of c.
On the larger scale wave 3 is approaching soon and prices could exceed the last rise to $0.12 as we break the neckline of the ih+s. Projected price for this is $0.18 using fib ratio.
This is my primary count. Although should we decisively break the lower trend line holding is1 and is2 and breach a price of $0.024 this count will be rendered invalid.