Vergebtc
xvg/btc possible trade alertVerge has been getting a lot of FUD lately, but analyzing this chart and with the upcoming news that is coming out on this monday, we can see a possible uptrend in the next few days.
XVG Verge seems to be getting ready to make a move, but staying conservative and neutral till they drop some news on Wraith. With the whole crypto space looking ready to blow up (Anticipating BTC to break 20k) XVG has a good tech and setup but I am staying conservative since there are so much better Crypto plays but this should definitely be on watch!
XVGBTCXVGBTC - Thank you for your likes and comments. You can also follow my other social media accounts :)
Verge #XVGBTC - trendline battle and growth possibility!TECHNICAL ANALYSIS:
The price of Verge's cryptocurrency still remains in the consolidation zone, although it seems that the well for Wave 2 was counted at 0.000090 and now the price is trying to hit the top towards wave (A) highs at 0.00001718.
Main trend: UP
Intermediate trend: UP
Daily trend: UP / NEUTRAL (continuation of the correction)
Key levels:
- for further increases - level 0.00001614 and later 0.00001373
- for continuing correction - level 0.00001228 and later 0.00001371
- for the continuation of decreases - the level is 0.0000090
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VERGE Coin $XVG potential entry at 600 sats or lowerI missed the boat on $XVG. Currently looking at a potential entry opportunity.
$XVG has completed a completed an impulse move and is currently doing a zig zag retracement.
Waves A and B seem to have completed, and Wave C is currently ongoing.
I'll be timing my entry at the completion of 5 subwave impulse move of WAVE C
VERGEMoving in triangle between the support and resistance lines. After breaking the line we will look
Verge/Bitcoin potentialPretty new to analyzing charts, but this looks like a potential outbreak for an uptrend, if it hits 1450. When it does it's a good time to invest, there may be some resistance at 1600 and 1860, but if not, it'll moon definitely, especially now that Wraith is successful.
If it bounces back, then buy at 1020 and then it will rocket.
Whatcha think? First analysis
Verge would have another breakout in next 8 hoursBINANCE:XVGBTC BITTREX:XVGUSD
Following the possitive sentiment and new releases there would be another breakout in next 8 hours.
Target 0.00001500
VERGE Continuation or Drop?At this point, I would be watching for verge to either break the descending trendline for a likely continuation up or the support area for a drop in price.
What do you guys think Verge will do?
VERGE - Incoming Reversal? Potential Uptrend.Over the past few weeks, Verge has experienced a tremendous increase in value, as the price moves parabolically. However in the recent days, we've seen reverse in price as the bearish trends begin to settle in, the chart indicates that verge is forming a descending triangle pattern which usually shows a bearish market. Unfortunately, this can signify an upcoming decrease for a further decrease.
On the positive note, These trends can sometimes reverse and result in an upside especially if the price break through the resistance that has been formed which is indicated by the orange line.
I expect the price to make a short-term reversal which can be about a 20% increase.
STOP LOSS (AIM TO PUT THEM AT THE SUPPORT LINES):
0.1325
MACD - Leaves room for upper growth and the lines look to be Crossing soon.
RSI - the relative strength index shows a lot of space for upward movement compared to the potential dance.
Orange - Resistance.
Pink - Support.
As always trade the lines accordingly.
XVG BOUNCE
XVG dropped lower than I had expected but I believe it has found new support and is ready to bounce
good short term trade even better long term trade
lets boogie
XVG - Is it on the Verge of going up or down?XVG is no doubt the coin of the month. The amount of hype surrounding it with it's Wraith protocol feature caused a huge amount of spike up and also down. This is definitely the coin with the volatility and the volume you'd want to trade with if you like to take risks. Due to the amount of FUD caused recently by YouTube and Twitter celebrities, the price of XVG dropped a substantial amount. Despite the fact that Wraith protocol was delayed, there are still a good amount of buyers out there which makes this coin quite interesting.
On the chart above, we can see that the previous resistance of fib level 0.382 (0.00001148 BTC) became our support. If XVG can bounce off of this support, we can expect it to reach fib level 0.5 (0.00001311 BTC). If XVG breaks 0.00001148 BTC support, we are looking for a downward movement all the way down to our next major support, which is fib level 0.236 (0.00000947 BTC)
Trade Setup:
Stop Loss: 0.00001130 BTC
Target 1: 0.00001311 BTC
Target 2: 0.00001474 BTC
Target 3: 0.00001706 BTC
Target 4: 0.00002000 BTC
XVG/BTC - MoonI'm not a fan of the word 'mooning' when it comes to trading, but hey - I call it how I see it, and the fact is XVG (Verge Coin) was hammered this week due to FUD but is now refueled and ready for re-entry. I won't got into details because you can Google it if you're interested, but the drama has ended and now we are sitting in the calm before the very bullish storm.
Literally any hour now the moment we've all been waiting for will happen, and the Verge team will release Wraith Protocol - turning Verge into the ultimate privacy coin, enabling both public and private transactions over a truly anonymous block-chain network. This will be revolutionary, and it will send Verge into the stratosphere technically speaking.
This is not financial advice - do not trade off this information, but keep an eye on XVG over the next few days and note that 1000-800 Satoshis (12c USD) has been holding strong as support. Personally I'm still accumulating anything below 1100 Satoshis, and I've been in XVG since below 50 Satoshis.
Merry Christmas and Happy New Year! Good luck in the markets in 2018 :)
- Matt.
* Support / Buy Zone: 1000-800 Satoshis
* Target: 2000+ Satoshis
Upward trends and Bullish Flag on 1H mark | XVG/BTC - BinanceYes there is alot of FUD surrounding XVG, been pretty successful swing trading since the price manipulation by bots is pretty obvious. Pending wraith release in a few hours so we are seeing some movement. Will be interesting to see what happens.
Disclaimer: I have no idea what im doing.
XVG THE CHANCE TO RISEWe published XVGBTC idea 2 days ago -linked- and we drew a trendline under the price and mentioned its uptrend
after the hight which happen yesterday the chart formed a symmetric triangle, its positive pattern and we expect rising on the condition doesn't break it down.
In case of XVG rebound from the lower board of the triangle, we expect to reach a target @ 0.00001580
Let's not anticipate the chart and we will talk about the target latter.
Thank you
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