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Vergebtc

XVG UpdateIn my last post on BINANCE:XVGBTC you'll see that I said the 55 ema will act as resistance which it has. It's important to note that the 55 ema is very reactive acting as support and resistance. The wick of the current red candle touched the 8 and 21 ema which is a good sign of support. These ema's however are not as powerful as the 55 and 200 ema but because they are in the same spot, they are working as a stronger support. Approximately 12 hours ago was the start of another bull run for btc. It's important to understand when btc makes a run BINANCE:XVGBTC along with other altcoins go down. This isn't the case with every altcoin but we've this happen often between the two. We need to stay above our current ema's if want to see higher price action. I have drawn blue arrows to indicate potential price movement. We will most likely see resistance again when we reach the 55 ema. If we manage to get above the 55 ema then my next sell target will be at 617sats. The current chart I have is the 4 hour chart, however if you look at the 1 hour chart you'll see that the 200 ema lines up with the 55 ema on our 4 hour chart. This confirms resistance at that level. You will also notice that the 55 ema on the 1 hour chart, is in the same place as our 4 hour 8 and 21 ema. That confirms stronger support. I encourage everyone to look at the 1 hour chart themselves to see what I'm talking about.
XLong
by bensonwithin
3
On the VERGE of breakout!!Verge has had some great double digit the past couple of days but I don't think we're quite done yet. I believe our overall downtrend has started to break upwards and if we're able to break resistance at 820 satoshis and again at 1000 satoshis we surely will see some significant liftoff! UPWARD MOMENTUM INDICATIONS Volume is slowly but surely starting to flow back into this little privacy coin Recent MACD crossover and lines are starting to separate RSI says we aren't oversold yet! VERGE POTENTIAL TARGETS 1400 2060 2500 Signs are looking good for XVG but I do believe a lot of this trade is going to come down to weather or not Bitcoin is going to play nicely. Sideways or upward movement from Bitcoin is ideal for this trade; I can't picture Verge having a massive breakout while Bitcoin is going down but hey that's just me. Lastly, not sure if this matters/ makes a difference or not but this breakout is starting to look just like the first breakout, even at the same satoshi levels. Just something I noticed.
by garrettlweems
VERGE XVG on Binance to Explode $2.50 over Anonymity (LOW RISK)Verge is one of those coins we have in our portfolio for a long long hold. This is a very impressive coin to have whether you have 100 of investable ability to 100,000 I will not go into talking about indicators and so on, since more shorter term charts are to come. All we can say is, LET'S GO VERGE! SHORT TERM INVESTORS STAY BACK - PROS ARE COMING THROUGH! If you're a member, get ready for signals and updates! Do not invest what you can't afford to lose. We are not your financial advisors if you didn't know.
XLong
by CryptoManiac101
12
Verge long trade perspective.BITTREX:XVGBTC It has been a while since my last post, now with BTC apparently in a bullish trend is time to plan for long positions in alts. Verge is still at a very attractive price and one possible long perspective is depicted into above chart using Elliott waves. When taking long position I use daily time frame when possible because it give me the best preservative for a long position. We are still enfolding the first wave, The RSI sits at around 40 points which supports long trades, giving a lot of room for investors to buy into. DMI is also supporting longs, we don't see yet great volume coming but as we know first wave is about accumulation and building up for long trades. Be aware that second wave could claim as much as the entire gain of the first wave so if you consider taking a long position now be prepare to hold it at the correction. My first target in a normal situation without much hype around it is at around 2400 satoshi, giving some good news I can expect hitting higher targets like 3000 or even 3700 satoshi. Everything is possible in this markets and we need to be prepared for what market is throwing at us. As in any other long position I'm planning to hold my position and lock-in some profit when hitting the third wave. If the second wave claims back 75% or more of the first wave I will add more to my long position. It should be noted that you could potentially sell on a third wave and buy back on forth wave, which usually I don't do. What instead I do if good news come around I buy smaller position during the forth wave and sell during the fifth wave but that is more of a short term trade rather than long, taking advantage of the market condition at that time. I will keep updating while the market is enfolding the price. This is not financial advice just my own opinion and you should do your own research before investing into this asset.
Long
by pgarret
4
Verge (XVG) - Bullish - 200%+ Profit - Cup FormationHello Guys, I am Bullish on Verge (XVG) coin. Beautiful Cup formation started. The reason for the Bullish confirmation is, it is having short term uptrend in the 45 mins chart and in 1 day chart shows as step formation which will result in Cup formation. This consolidation zone acts as trend reversal after 70% pull back. Buying Zone: 0.00000637 - 0.00000680 Target 1 : 0.000001010 Target 2 : 0.000001338 Target 3 : 0.000001556 Target 4 : 0.000001890 Stop Loss: 0.00000590 Q1 is approaching. Don't worry. We are moving up. Note: Don't forget to put stop loss. Thanks!
Long
by srinath1908
1
Break-out: XVG needed a "big green Heikin Ashi candle" & got it!Disclosure: this is a repost of my Feb 12 Tradingview idea . Unfortunately, it was taken down by admin because it contained some external links. Until today, I always included links to i) my website, ii) interesting other sources. Unfortunately, my ideas that contained links have now been hidden (it's against policy). Given that I found the post crucial to trade XVG, I am reposting it, albeit the break-out has now occurred. This was the post: "XVG needs a big green Heikin Ashi candle to break out!" "Lots of indecisiveness in the Verge graph. In this post, we are diving into the matter with Heikin Ashi candles, which are very practical for identifying trend reversals. We indeed see several Doji candles (1 & 2) and some spinning tops (similar to Doji candles but with some difference in open and closing prices, whereas for Dojis, this if virtually the same (i.e. Open and close are more or less equal). Normally, Doji candles or spinning tops are very useful in Heikin Ashi candle analysis to identify a trend reversal. You can see examples in 3 and 4. Now, if we look at where we are today (on Feb 12, red.), we see a lot of indecisive candles, ànd we are nearing the end of the triangle formation (two white lines drawn). As you might remember from previous posts, triangles typically go hand in hand with break-outs . We need a big green candle here to confirm an upward trend reversal. We are not seeing that yet, so best to stay on the sidelines. We àlso see a golden cross forming in the MACD daily, which is generally extremely bullish , so that speaks in favour of more upward momentum coming soon. Conclusion: --> Keep a close eye on the new Heikin Ashi candles forming as these will tell us a great deal of what will come next. It might even be a large uptake!" Update Feb 16-17: The break-out has occurred ! Too bad some of you probably couldn't see this previous post anymore and make the trade. BUT: you see we have broken the Fibonacci resistance level at 779 sat, which we will likely retest before going up to our next target: 1008sat! So still some nice profit potential ;-) And remember: look out for those infamous Heikin Ashi doji candles (see above) as they will tell us when we can expect a trend reversal (down). In the meanwhile: Verge looking good. Attention points: we don't want to see Verge falling through its new found support at the Fibonacci retracement of 779 sat; we can expect further upward movement now and aim to reach the 1008 sat. So the green Heikin Ashis are looking good. If you see a "doji" or "spinning top" (see above) appearing on the 4h Heikin Ashi chart, beware!
Long
by A_Cryptastic_Mind
4
Verge (XVG) - How To Trade 4 Beginners (Sideways + Downward)I drew a descending channel, resistance and support levels, for Verge (XVG) about 20 days ago. The coin has been trading within this descending channel and the support level has been holding strong. This support level mentioned above sits around the 600 satoshis (0.00000600 btc). Which is also the EMA90. This level can hold longer, but it can also break. For now we are going sideways with bearish tendencies, which is normal as this coin is on its correction / consolidation phase. (You can see all this in my old trade idea in the updates section below) . I believe this level will be broken, If this level breaks, you can expect XVG to test the next one and then the next one. For now we focus on the next one, for me which is around the 450 satoshis (around because it can be higher or lower, but near this price). I also added a new resistance line around the 930 satoshis level. This is a strong resistance, smaller resistance will be faced if Verge decides to shoot up. To trade this coin, please stay on the sidelines, watch from afar. The market is correcting, so is Verge, so there is high probabilities of the price going lower. The indicators on the chart are also bearish, which points to down movement. There are no bullish signals on this chart. So wait until a bottom is reached / support is found, wait for the accumulation period, and then Verge can start its next run. This whole process can take several months to be completed. For any questions please feel free to use the comment section below. Thank you for your support again... With much LOVE, from me, to YOU... Namaste.
Education
by MasterAnanda
39
Xvg Shoot Up Is Ready To Fly (XVG Verge price analysis)hello Guys iam on the one day chart of verge and you can see that it retrace 80% Downwards from its all time high and now its ready to shoot up in upcoming days it dumped like hell but this is the opportunity to gain 2×,3× returns on your investment for short term 2018 is the year of privacy coin it will raise like ada defiantly in upcoming days if your a investor then your aim should be higher always it may also reaches 1$ till the year end in this case we can easy turn our one time investment in to Ten time return FORCAST: 1 Its Already dumped 80% from it ATH 2 that green trend line can act as a support 3 it needs to break that red down trend line to conform uptrend 4 if your a trader always exit at top levels which I have given according to fibbo 5 if your looking to long term Holds its a great opportunity and best time to buy and hold we should never fear if we buy at right price 6 Buying Zone (550-700 Sats) Targets (for Short) 1st 1030 sat 2rd 1350 sat 3rd 1830 sat Long term can expext 8× 10×...
by Sunny_Sharma