XVG - Waiting for retrace around 600Many moonboys thinking about "wow pump again", but markets need correction. XVG had a super bullish run, but it has an effects.
Typical correction of super bullish run is:
Phase 1. Some trade at high level (wise sells to fools)
Phase 2. Super dump at 0.382-0.5 fibb levels to have a panic for buying dip
Phase 3. Rebound around 10-20%
Phase 4. Super slow decline with many bull-traps
Phase 5. Accumulation and bullish impulse of new cycle at dip level (usually like a flat)
Right now we have super high 4h Stoch RSI. Plus touch and bounce from upper line of downtrend channel.
Probability of retrace now is very high. Also because of bearish sentiments on all crypto markets.
Target level that I want to see for starting new trades is 577 - 628 zone.
P.S. Also waiting for TRX. And may be IOTA, EOS. But EOS have a start of masternodes network at 2 june and may be pumped at this time.
Verge
#XVG #VERGE Indecision complete, Rally IncomingThis may be an early call. TS/KS of Ichimoku have crossed signaling a downward movement, but I see that we are beginning some upward movement from the bottom, with the Ichimoku cloud below us giving us support. Since we have recently crossed the daily Ichimoku cloud, we're on track to see some rallies incoming as Bitcoin and ETH begin to move up drastically. This will charge the alts like XVG and boost their growth, leading to lots of FOMO rallies.
MACD also appears to show an incoming crossing, leading us to another TS/KS crossing which will project us upward.
I'm not a huge fan of Verge, but I feel it has great potential and it's one to keep an eye on. I'm not holding it at the moment, but considering it as the price is very low and it's easy to own a few thousand tokens and if those tokens can hit $1 or more someday, maybe 2 years from now, it would be a great ROI.
VERGE: NEW DEVELOPMENTS - 24 HOURS = 26.63% PROFIT !!!Our " Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 26nd of April 2018 .
Using this buy in point and selling at today's price, you would have expected to net 26.63% PROFIT!!! IN LESS THAN 24 HOURS!!!
The increase in price may also be explained by positive developments including:
9 April: Verge reaches a non-binding Non-Binding Verbal Commitment on Partnership, Equity Stake and Product Integrations. Bank notifies intention to offer TokenPay blockchain products to its customers.
10 April: Verge notifies the public that they are working on their own anonymous cryptocurrency exchange called EFIN.
16 April: Verge notifies the world it's partnership of a German Bank via TokenPay.
16 April: Verge notifies the world about it's creation of an escrow service in Romania called TokenEscrow.
16 April: Verge notifies of it's purchase of a Latin American gaming company and it's rebrand to TokenGaming.
17 April: One of the largest global pornography companies in the world, PornHub states that they will now accept the cryptocurrency Verge as a means of payment
18 April: Thousands of users use Verge as payment for Pornhub video streaming services.
27 April: Verge partnership of the German Bank signed. It expects to close it's deal by the end of the week with debit cards via TokenPay expected to be released soon.
Analysis reveals that the partnership deal with the German bank may have led to a huge demand surge in the verge cryptocurrency. Furthermore, it's increase is consistent with the broader rise in the cryptocurrency markets.
XVG - Correction bounce longXVG ready to bounce today or tomorrow.
I publish 2 enter zone - RISK for maximize your profits and SAFETY for minimize your risks. Split it like your risks.
Also we have 2 targets. I prefer to close mainly part of position at target 1 but you can try get some profits at high level target 2.
But to first we need to broke RESISTANCE line of bearish fall.
Verge (XVG) Bounces off support (17% Breakout Potential)Hey everyone, as you guys know, the last XVG trade hit my sell stop at 743 and I ended up selling all of it around there. I was still keeping an eye out for XVG, and we now have another opportunity for it to break to the upside.
Trade Signals:
-XVG forming what appears to be an ascending triangle, since it appeared to touch the horizontal line twice on the 30-minute chart.
-RSI holding around 40, sign of bullishness for XVG
-Reached 640 and quickly bounced back up, meaning we still have traders waiting on the sidelines to buy XVG back up.
-It is still altcoin season, so the triangle has a good chance of breaking up
How to trade
If BTC price increases or is stable, this trade can be entered.
Buy in:
Around 740-760 satoshis (Riskier)
During the breakout, around 770-800 satoshi's (safer)
Sell points:
840-850 satoshis
890-900 satoshis (entry+vertical length of the triangle)
Stop loss (If you decide to use one)
- 640-650 satoshis
*I recommend setting a stop loss because XVG is a fast mover. A stop loss can free up your bitcoins for buying the market dips so when the market recovers, you end up with more BTC than if you held the coin. That is only the case if the entire market drops, which is pretty much what happens right now since we lack fiat to altcoin pairs.
Thanks for reading. Good luck on this trade! If you have any concerns or comments, please leave them in the description. It's one way I get better.
Verge Shark (83.69% potential profit)Shark completed.
MACD positive divergence.
Entry: 0.00000785
Target 1: 0.00001117
Target 2: 0.00001443
SL: 0.00000723
Profit Tg1: 42.29%
Profit Tg2: 83.69%
Buy the ABC correction!!! Verge is gonna BLOW UPwhen NOBODY WAS WATCHING vERGE RECOVER 160 SATOSHIS....Ill put up exacts when we see 5 end
Make or break for VERGEXVG is tightening up hard! We will see a move in either direction very soon. The market still has interest in XVG since the latest pump. Though that could be on the short side aswell... A small jump above 830 would pass throgh the 20, 50 and 100 EMA on 1 hr which could give a small boost. Breaking below 730 will give a short signal
Long above: 830, 880, 1000, 1160
Short below: 730
Not trading advice. Let's see!
XVGBTC Bittrex 1D up to 26APR18 Trading Analysis (TA)XVGBTC Bittrex 1D up to 26APR18
1D Chart, also works in 4H, at this time the VERGE (XVG) has been floating on SUPPORT ZONE for a couple of days after RESISTANCE ZONE 1 became into SUPPORT; the 50,100,200 MA indicator already crossed and has been moving into an ascending pattern (Blue Arrows), the RSI (Green Arrows) is moving into an ascending pattern and the MACD is about to cross up (Orange Arrows), if this keeps this way will meet again RESISTANCE ZONE 2 to then move forward, but keep always in mind that also may go down. At this time the Market Cap in hovering the 395 Billions. Good Luck!
1D Chart, también funciona en 4H, en este momento el VERGE (XVG) ha estado flotando en SUPPORT ZONE durante un par de días después de que RESISTANCE ZONE 1 se convirtió en SUPPORT; el indicador MA 50,100,200 ya cruzo y se ha movido hacia un patrón ascendente (Flechas Azules), el RSI (Flechas Verdes) se está moviendo en un patrón ascendente y el MACD está a punto de cruzar hacia arriba (Flechas Naranja), si esto se mantiene de esta manera se encontrará nuevamente con la ZONA DE RESISTENCIA 2 para luego avanzar, pero tenga en cuenta que también puede bajar. En este momento, el Market Cap está rondando los 395 mil millones. ¡Buena suerte!
"Bitcoin will do to Banks what Email did to Postal Industry / El Bitcoin le hara a los Bancos lo mismo que el Correo Electronico hizo a la Industria Postal"
REMEMBER: I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. RECUERDE: No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompañe es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.
XVG VERGE CYPHERCypher pattern opportunity for almost 100%. RSI oversold 200MA support. Level of supply
XVG/BTC probably on it the third wave going upit has been awhile since I last posted about Verge. The reason for that is I was a little heartbroken about how the big news was handled by the management. However all indicators at this moment TDM count, rsi, stoch, and elliot waves show that the rise for the third leg of elliot waves is starting. Third leg most usually is the most aggressive leg of all, which has the potential to bring the price to upwards of 2000 sats.
So I suggest a strong buy at the moment,
Good Luck,
XVG time to go up again. The future has Cum!The dump was a just a short term market reaction or known to many as "Sell on News"
The announcement was not bad at all for this to dump until oblivion. In fact, Verge just did its purpose as a CRYPTO+CURRENCY.
With regards to TA, looks like all are green-lighting the Verge Rocket. A break from the wedge will be a great sign to add more.
My TP are:
1200
1400
1900
I'm busy doing other things to talk much more about this. Just get in and enjoy a good week ahead.
VERGE - Where's it going???I haven't posted on XVG lately because there's no clear path until it finds a bottom. I thought it had found it's bottom around 720 but it has continued to drop.
We currently have support at 639 but it's weak. If we break through 639 we could drop as low as 508 where we have much stronger support. My hunch is that it doesn't go that low.
If we break out on the upside of the current short term wedge shown above we could test resistance at 825.
Right now I have no clear indication where we're going in the short term. Long term, I'm still bullish.
Verge Bearish Scenario | Click Link for full AnalysisThe past 24h have seen many calls of a reversal and uptrend underway. A bearish scenario is still a possibility if not highly probable. Without breaching the prior support of 739 on Binance, Verge bounced off of it and failed, rejecting it with lower highs with each impulse up. Without being able to sustain a closing candle above the prior support now resistance Verge will be searching for its lower support.
The 100EMA on the daily in the 670s range failed to hold while we found initial support at 640 another test seems likely and its ability to hold will be determined. In the event of 640 failing we will be on our way to test the 0.236 Fib level previously mentioned in other charts in the low 500s. There will be support attempts between 535 and 580.
While may of the current charts on TradingView favor an uptrend a bearish scenario could be healthier in the long run, establishing firm support at fib levels to create a solid foundation for long-term steady incline towards new all time highs.
XVG/BTC 1.1Kinda deeper analysis.
It's time to shake of some nasty bears! I swear you can trust this MACD. Accumulate in pink- SL at 599.
1/2/3/4/ or 5 , how do you , guys, think?
