XVG | BTC - Bittrex - Long Verge - 23rd on Coinmarketcap.com
Waiting for XVG to make the C leg down.
Placed buy orders on the .786 and .88 fib levels.
Verge
Verge Factals and Volume profiling Could Verge possibly be putting in the same fractal as last market cycle? If so its path would likely be this. The Volume profile also shows heavy support below the triangle. So Shorterm it isn't looking pretty except for maybe a bounce play. Longterm I plan on seeing Verge take off around September if not, trend sideways till the next altcoin cycle. Let me know your thoughts!
XVG (Verge) Trade Prepare! BULLISH signs in one level!We have a classic price action setup forming!
4 of my favorite price action criteria's in one level zone:
1. Strong support
2. Support crosses with trendline
3. Crossing happens exactly in Fibo 70.5% level
4. And those criteria's supported with EMA&MA200 in this level zone.
*5. There we need some bullish price action from candlestick also (Hammer, Morning Star, Railroad Tracks, Engulfing, Tweezer)
Keep an eye on it!
Please comment and like this if You find it was helpful!
Best regards!
How you will lose money with Verge (XVGUSD)Verge (XVG) seems to be struggling after the news came out. This coin has a huge community backing it up. So, there will be a turn around soon. Especially considering that there will be some events in mid and end june. But for now the next few days, you might lose some money with this coin. I think that there is around 10-15% loss potential right now.
The advice would be to hold or sell and buy at a lower position.
$XVG-BTC | Is Verge set for a bullish bounce or going to crash? My Assumptions:
1. Bitcoin doesn't do any crazy moves.
2. The Verge team screwed up the chart with the overhyped announcement of the partnership with Pornhub. Some people may have lost their believe in XVG.
3. The spike around the date of the announcement doesn't count.
4. The Fans of Verge are strong hodlers.
My Predictions :
We're looking at the 4h chart, the yellow trend line is drawn on the daily in log scale and has a lot of touches, so I'm pretty confident with this trend. There are 2 support lines, that form a nice descending triangle with the yellow line. The first (white) is at around 630-640 and seems to be the recent low. But the RSI is not oversold, so we could see a drop below this line if there is a another rejection off the yellow line or if Bitcoin crashes. So the more important support line to watch is the red line at around 615. This one acted as support for a long time during February and aligns perfectly with the 200-day MA. If we break below this support, I expect a big drop. Maybe down to the 500s-area. But I think a bullish breakout is more likely since Verge often bounces up strong from descending triangles . A scenario like on February 15 with a huge bullish engolfing candle after a temporary break below the support line is possible as well. For profits I'm aiming for the 720-750 range, not sure how strong the bullish momentum can be at the moment. We will see what happens first within the next hours! :-)
Possible Trades:
Buy Zone: 650-620
Sell at T1: ~15% profit
What do you guys think about this idea?
Sources :
Partnership with Pornhub: www.forbes.com
None of this is financial advice, of cause. I am just drawing fancy looking lines on my screen.
XVG / Verge LongVerge entering a buy zone here, was hesitant to proceed but looks like there is a chance BTC will give alts a time to shine.
Not much to say on this one, price is in an accumulation area, bullish divergence (not shown) and sell volume decreasing.
Price targets are not time dependent and are shown in their current location for reference only.
Will take SL at -5%
XVG Healthy Correction, Long
# Weekly
Looking at our highest timeframe price has formed a lower high at 1300 satoshis, followed by another lower high at 900 satoshis. Stochastic RSI showing momentum is heading towards the downside, next support level at 500 satoshis.
# Daily
Shifting over to our pattern timeframe we see price broke it’s uptrend and is now respecting our daily downtrend. Stochastic RSI showing momentum is heading towards the upside. Expecting price to make it’s way towards 500 satoshis support. Will be waiting for daily conformation before taking a buy, possible drop towards 450 satoshis.
Conclusion
Buy after dip towards 500 satoshis
Verge (XVG) New Updated Entry (250%+ Earnings Potential)Verge (XVG) new entry (buy in range).
Verge upcoming events (these are factors that can affect a coins price possitively):
- Verge (XVG) - Amsterdam Meetup (9-June).
- Verge (XVG) - Verge Social Network Launch (30-June).
Verge Trade Analysis by Alan Masters
TRADE INSTRUCTIONS
Buy in: 0.00000590 - 0.00000710
Verge (XVG) Targets:
(1) 0.00000949
(2) 0.00001138
(3) 0.00001272
(4) 0.00001352
(5) 0.00001443
(6) 0.00001631
(7) 0.00001748
(8) 0.00001937
Stop loss: 0.00000450
An Old Friendship, A New Day!
Here comes the old, visiting at your home.
It comes with a new story, about how to live the present, about how in his past he did wrong.
The new day shines and says, that's ok, nothing is wrong.
Just keep on focusing on today, the old days are already gone.
The old friendship looks stranged, but the feeling can understand.
He has already gone through everything, he is ready to accept the change.
When the moment of truth comes and the friendship wants to change its name, you just tell him that he is not old...
Because he already took the first step...
He already started to change!
Smile my new friend... This Is A New Day!
Namaste.
XVGUSD: simple long setupXVG continues it's descent in what appears to be a descending wedge. These are generally continuation patterns if they appear immediately after an uptrend. I have been watching Verge closely and trading smaller intraday positions. Now I see an opportunity for a larger long.
XVG is retracing to the 0.786 level. This coincides nicely with the wedge bottom and I expect a bounce here. My target is the 0.618 extension.
If successful this trade should develop over a number of weeks into early June.
XVG $8 in 2018This is what i can see in my chart, i am not a pro TA maker so take everything you see here with a grain of salt.... actually a lot of salt. also this chart points towards some patterns which need still to be completed,confirmed and supports that will need to hold. Any suggestion or correction will be very welcome.
D1 MACD has crossed, RSI seems to need a bit of retrace, about -15% to -17% from today's price to start the uptrend, also might test the lower triangle support again before bouncing, but it NEEDS TO HOLD
Targets are:
$ 0.137 around early june to test the head and shoulder neckline and prior the Amsterdaam meeting, a correction will follow most likely after that
$ 0.27 to $ 0.33 complete the third wave (might be longer)
$ 0.50 to complete the 5th wave, then these 5 waves will become the first wave of the bigger picture, also this represent perfectly the head and shoulder target (which needs to be completed)
After the correction for the third wave i can see XVG around $2/3 anytime around July-September
NOTE: The red longer elliot waves are off to the right to avoid having too much stuff overlapped, i can see however a $8-10 target before end of 2018 if the actual bullish trend remain.
XVG medium term target .29 on impulse wave 3Looks like we are finishing up an ABC corrective wave. On lower time frame I count 5 sub waves on leg C of corrective wave
RSI is also showing positive divergence vs price.
Zilliqa ZIL - Heads UP - Keep your eye on this oneThis is a new coin just post ICO, still in testnet. Current Value just under one Billion dollars. Based in Singapore, this coin is doing a lot of exciting things, it's Ethereum 3.0 on steroids. The technology employs sharding to increase block throughput to levels that will compete with the Visa Network when scaled. Sharding permits the blockchain to be divided into shards of the whole blockchain to get consensus on a transaction much more quickly. The overall consensus of the blockchain is still protected and prevents double spends. Visa currently can processes 8,000 transactions a second, Zilliqa has just completed a testnet run with 6 shards, 3,600 nodes on AWS (Amazon Servers) that exceeded 2,488 transactions a second. A production network will be much larger and the technology permits a nearly linear improvement in transaction speed with the addition of more nodes.
Zilliqa uses a new smart contract processing approach and language that increases throughput and security over Ethereum. Zilliqa uses Scilla an automata-based language which is non-turing complete language which simplifies the process and avoids the kind of complexity that Ethereum introduced leading to very large hacks of the Ethereum network.
Some features of this project are:
Efficient processing with computational sharding using a process that divides the network into groups, called shards. Each shard is running a consensus protocol. Then a dedicated group of machines combines outputs from each shard and reaches overall consensus on it.
Data-flow smart contracts with simple abstractions that are amenable to verification
200X and more higher throughput, built to scale
Data-flow & sharding-friendly smart contracts
Miner friendly: lower cost, stable rewards, compatible to ethash
Much lower transaction fees for users
Partnerships - Mindshare has announced that is has formed a partnership with Zilliqa. Mindshare is a global media agency with 7,000 employees and $31 Billion in annual revenue.
Zilliqa is publishing all of their code to github for public review so any bugs or security issues can be revealed by members of the public, yet Zilliqa is not open source and is retaining it's legal rights to exclusive use of the code.
The core team is unknown to me. Their resumes look good and the team has a few PHD and Masters Degree grads with experience that is relevant to the project. Judging by the outputs of the project so far and the partnerships they are forming, it seems the capability of this team is being proven already.
Mainnet launch is planned for 3rd Quarter 2018 with the Anchor app release in the next and last quarter of 2018.
My plan for accumulation of coins - I'm beginning to buy here, and will add coins in steps as the price falls with the current decline of Bitcoin. Currently I'm looking for Bitcoin to bounce back up in the 7600 to 78900 range so this would be the bottom of my expected accumulation range for buying Zilliqa. There is upward price pressure on Zilliqa and it is only the current decline of Bitcoin that is pushing the price of ZIL down.
Please, Don't forget to Like Agree, Comment and Follow Me, It's additional encouragement for me to share my work.
All statements and expressions I offer are my opinions, and not meant as investment advice or solicitation. Information provided is not personal investment advice. Seek guidance from a professional investment advisor before trading or investing. Trading cryptocurrencies can be a potentially profitable opportunity for investors. You should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. I am not a registered investment advisor.
Wishing you success,
Isaac
Verge. To be or not to be. I there's the point.Let's start with the 1W chart:
Early bullish signal on EFI(2) - positive divergance
Momentum and Rate of Change indicators become bullish
RSI and STOCH neutral 38 and 52 respectively
52MA and 26EMA (~640satoshi Stop Loss level) support line
13EMA (~730 satoshi) resistance (BUT weekly candle not yet closed, in my opinion, it will about EMA)
1D chart:
MACD become bullish spring is coming + possitive divergance as on EFI(13) and EFI(30)
RSI, RoC, Momentum indicators turned bullish, STOCH - oversold.
4H chart:
Rectangle was broken. Minimum target 735 satoshi.
Buy level:
Risky option - now
Safety:
"a" after sustain about downtrend channel
"a+" after sustain about BLUE line overhead resistance
"a++" after sustain about downtrend line (Purple line) 1D chart.
TP target:
1 - 1445 satoshi
2 - 1977 satoshi
Some events here:
1 - twitter.com
2 - coinmarketcal.com
Your opinion is very important for me. Feel free to comment.
PS I have ETC chart, would you like to see?
Verge forming Double D Cups??? LOLI was just trying to find some sort of trend and see what could be expected but I didn't realize this!!!
Verge XVG looks bearish! SellXVG Verge XVGBTC BTC
XVG has broken through its old support of 638. This is a very bearish signal.
We need to watch XVG very closely as it might rebound off the last support, however most likely drop to further lows.
#Verge Entry:600-610 sats (if Support at 200DMA holds) $xvgVerge has retraced beyond the 61.8 fib resistance and it is currently trading below the 20,50 &100 DMA's
Good support for verge will be the 200DMA level which coincides with the 78.6fib support as well.
If the 600-610 support region holds then we can expect a bounce to upper resistance levels for #vergebtc
Target 1 will be:780-820 sats around the resistance confluence zone including 61.8fib resistance along with 20&50 DMA's
Target 2 will be:980-1020sats around the 38.2fib which also lies around the 61.8% (reverse-fib) of the move from wave 1-5.
www.tradingview.com
xvgusd long term trend to 2$ till 10$ during 2019By current trend we could see at least 2$ per Verge in end of 2019
Verge #XVGUSD - about to rally again?From a technical point of view, the price of the VERGE cryptocurrency is in an interesting place on the chart: very close to the target level of 61% Fibo at 0.0514. From there, the price may turn back and, by breaking the downward trend line, return to the upward cycle. Resistance levels on the chart.
I've Set a Buy For Verge XVG at $0.0486I have discussed Verge previously in my postings. I believe it's a great project with a very active and enthusiastic community. It has also made a very large deal for Verge to used as an online payment systems for MindGeek and it's group of companies. Verge was selected over Bitcoin, Ether, and Dash as well as other coins for two reasons. Verge is extremely fast to confirm transactions, on the order of a few seconds, and it's extremely private including the use of TOR to mask it's traffic.
MindGeek is the largest purveyor of Porn on the internet, it has a massive presence and business. This is a big deal! I'm not endorsing their Porn business, but it's a good investment in the payment system in the same way investing in Visa and Mastercard would be if you could get such a favorable opportunity.
I have placed an order to buy Verge at $0.0486 which I believe is a great target price based on the chart history. However buying Verge anywhere in this price range is a good move. I already hold Verge in my core portfolio which I bought at much lower prices than $0.0486 some time ago.
See my previous charts for deeper explanation of the chart and Verge's prospects as a coin.
Please, Don't forget to Like Agree, Comment and Follow Me, It's additional encouragement for me to share my work.
All statements and expressions I offer are my opinions, and not meant as investment advice or solicitation. Information provided is not personal investment advice. Seek guidance from a professional investment advisor before trading or investing. Trading cryptocurrencies can be a potentially profitable opportunity for investors. You should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. I am not a registered investment advisor.
Wishing you success,
Isaac
XVGBTC - Getting ready for a run? Good morning traders,
Since most of the alts are down, and cheap, it might be the right time buy some of the strong ones.
Lets look at XVG here:
Current price holding inside the triangle as you can see it on the chart. It is very simple, If we breakout of the triangle to the top, look out for the blue resistance levels and you can consider those as targets, to move your stop losses up as you keep banking profits, of course if you enter the trade.
If we break upwards, I believe we should look out for 698 and 717 levels as our first two target areas.
Now, if we break downwards, I have the red support levels to look out for another cheap entry.
I feel like XVG might be getting ready for a run here. It has been a while, but sure BTC has a role to play in it yet.
Keep following the chart, and I will keep updating it as and when needed.
Happy Trading!
