Emotional & Psychologycal Analisys of Market Cycle on XVG/USDBeen around 2 weeks looking at this cryptocurrency and I honestly see a great future for Verge. Not many cryptos have this price action, and buying in disbelief is one of the best opportunities when it comes to an emotional market. This is my point of view of the market, no one has the truth when it comes to speculate the market.
Verge
XVG (Verge) breaks out of 2019 resistance (9857%) 2021 ALT SZN-Yurlo
Picked up this alt here as a suicide bag going into the 2021/2022 alt szn thats yet to come. Think this one could see 9857% return from its entry today.
Update! Inverse H&S #XVG #VergeFam $XVG #VergeCurrency #CryptoBroke through the yellow neck line on the weekly. from previous attached chart.
Still expecting .06 to .07 range by quarter 1.
3 days and 21 hours left. A correction back to the neck line is possible.
Not Financial Advice!
Good Luck Traders & Hodlers!
XVG/USD Forecast (All altcoins the same...)Since BTC is the boss, all coins will act as we know it from the past.
See my latest BTC/USD, which supports this chart.
This is not a trading advice.
💡Don't miss the great buy opportunity in XVGBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00000026).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Verge/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
Take Profits:
TP1= @ 0.00000034
TP2= @ 0.00000041
TP3= @ 0.00000049
TP4= @ 0.00000057
TP5= @ 0.00000067
TP6= @ 0.00000083
TP7= @ 0.00000102
SL= Break below S2
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💡Don't miss the great buy opportunity in XVGBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00000026).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Verge/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
Take Profits:
TP1= @ 0.00000034
TP2= @ 0.00000041
TP3= @ 0.00000049
TP4= @ 0.00000057
TP5= @ 0.00000067
TP6= @ 0.00000083
TP7= @ 0.00000102
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
XVGBTC HARMONIC PATTERN ANALYSIS MIN 73 MAX 95 SAT TARGET Here is a harmonic pattern study of XVG BTC . I ll post updated elliott count later
Verge (XVG) Future Path! (210%)Verge (XVGBTC) took the first step, which is to break out of the downtrend and this happened in late November.
Compared to other altcoins, this one managed to hit all the way up to MA200 and even higher.
A normal/classic correction is taking place but there will be additional growth as soon as it is over.
Since prices moved so strong in just 5 days by 145%+, we can expect even stronger action when the next move comes.
We can see 210% or more...
Namaste.
✳️Verge/BTC (6/12) View + Trading Plan #XVG $XVGAfter rising sharply from 25st to 55sts as our previous analysis, XVG continues to be rejected and is priced lower than 40sts, this is a very strong resistance zone and it will be very difficult to conquer.
Currently, XVG is heading to the 30sts zone and this is a good buy zone for XVG for the targets of 40sts - 60sts and even 75sts. The 60sts could be a reversal zone and might end the uptrend of XVG
But if the 27-30sts zone is lost, the XVG will fall to the 18-20sts zone so be careful.
📈BUY-LONG
-Buy: 27-30sts.SL if B
📉SELL-SHORT
-Sell: 40-43sts.SL if A
-Sell: 60-63sts.SL if A
-Sell: 72-75sts.SL if A
♻️BACK-UP
-Sell: 27-30sts.SL if A
-Buy: 18-20sts.SL if B
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
Inverse Head&Shoulders $XVG #XVG #VergeFam #VergeCurrency $USDInverse Head & Shoulders...
Expecting .05-.09 cent range in Q1 2021.
Looking to the left seems to be some good resistance there. Similar to what Bitcoin did pushing to 14K back in June 2019.
Not Financial Advice.
Good luck Traders and Hodlers!
Verge Currency $XVG fractals and trend-based fib projectionsIs this possible? Probable?
I think it sure has potential. Most of our money supply is on paper anyway.
What do you think?
This Is How Verge (XVG) Is Looking After New ATLJust 4 days ago Verge (XVGBTC) hit a new All-Time Low... See it here:
You can say it easily on this pair, the bottom has been hit and once you hit bottom, the only place left to go is up.
Looking at the weekly/long-term chart, we can notice another bullish signal in the form of a Doji (last week).
The TD Sequential is also supporting this view while prices are challenging EMA10.
The RSI is at reaching 40, which is already strong on the weekly timeframe.
When you have a strong RSI at low prices, it only means that it is a matter of time before strong bullish action takes place.
With all that said, we will see prices grow next.
Thanks a lot for your support.
Namaste.