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Vergebtc

XVGBTC completed bullish setup for upto 4470% big moveHi friends is hope you are doing well and welcome to the new update on Verge coin. The XVG coin has surged more than 500% with US dollar pair and 205% with Bitcoin pair. In my previous post I posted analysis with US Dollar pair if you missed that then here is the link for that post: In today's post, we will watch the movement of XVG coin with Bitcoin pair. The formation of Shark and powerful bullish divergence: On daily chart the price action of XVG formed a bullish shark from October 2019 to the end of January 2020. And after entering in the potential reversal zone the price action moved up and after a small bullish rally dropped down again in the potential reversal zone then took another powerful bullish divergence and produced more than 205% bullish rally. Different indicators and oscillators and turning bullish: If we watch the different indicators and oscillators on the daily chart. Then stochastic oscillator has given bull cross from the oversold zone, the MACD is also turning bullish and if we watch the directional movement indicator then positive directional indicator is already above the negative direction indicator. And the ADX is up with the value of 45 that is showing the power of bulls. Therefore we can expect another upward move from here. The simple moving averages and another bullish spike: If we watch the different simple moving averages on the daily chart with the time period of 25 50 100 and 200 then it can be clearly observed that since the price action has crossed up all these moving averages after that for the first time the priceline is retesting the 25 simple moving average as support. And after moving sideways on this 25 SMA finally the price action has spiked more than 15% in a single day. And the more important indication on this chart is that we have the smallest time period moving average above all other simple moving averages and the biggest time period moving average with time period of 200 below all the other moving averages. Therefore a complete open alligator mouth is formed by the simple moving averages that can be a really big bullish signal. A big harmonic Shark move: Now I would like to share a very important harmonic move by the price action of verge coin on the long-term monthly chart. And that move is the formation of bearish Shark pattern. I also shared this move of XVG coin last year in July 2019. And at that time I found that the price action has found a final support at 0.00000048 sats. Therefore it would be difficult for the priceline to break down this level. Since then the priceline is moving above this level in the potential reversal zone of bearish Shark. And at any time it can start the formation of final leg. And the completion of this leg can lead the price action to produce up to 4400% big profit move. However I have defined two type of targets 1st one are the secure sell targets and other one are the aggressive sell target up to the completion of shark’s leg. And these targets are as below: Buy between: 0.00000208 to 0.00000048 sats Secure sell targets: 0.00000671 to 0.00001331 sats Aggresive sell targets (Upto the completion of Shark's leg): 0.00001793 to 0.00002194 sats Conclusion: If we take a look at the history of the price action of XVG coin. Then it can be seen that whenever the BTC turns bullish the Verge coin turns more bullish than Bitcoin. The obvious example can be seen in 2017. Therefore when the Bitcoin will start the next big move the XVG has potential to produce more powerful move than Bitcoin. Therefore we can expect a big move by the Verge coin to hit the sell targets as per above pattern before the Bitcoin achieves any big price level.
Long
by moon333
3
XVG Rocket style i want be clear on this analyse because that one is very simple if you play it on Long Term. You can Compare directly XVG to ZIL ( because Zil mooned days ago ) + i am checking XVG from ages. i used Bittrex Exchange because XVG is listed from long time on it, so my indicators are more accurates. i used only ichimoku cloud + 3EMAS 50/100/200 (Green/Orange/Red). Don't forget this analyse not including BTC movements and like 99% of the time, if BTC dip hard XVG won't support his uptrend and crash with BTC. but we have signs off a Rocket mod... So XVG Broke the first soft resistance on EMA50 (Green Line) and passed 60 Sats. Now XVG is trying to break EMA100 (Orange Line) to enter ichimoku red cloud around 108ish Sats. if this one can be broken surely XVG will go retest EMA200 (Red Line) around 150 Sats. So if we breaks 150 with a strong breakout, we will be in a free rocket mod and i can see XVG going to 1000 Sats and here we have old resistance on ichimoku cloud and we can see it clearly. i want to tell you all that this is not a recommendation of buying XVG because it's still dangerous to invest, don't fomo to fast, wait for breakouts, invest the money you don't need for living always! i will add far view on XVG to show everything clearly. Happy Tr4Ding and Stay S4fu !
Long
by thecryer
6
When Monthly Fires Green. (XVG)Clear trend from the first major bullrun as it hit green consistently and ever since then we have had red monthly close for 2 and half years! With cryptocurrency alt coins you really want to utilize big timeframes like the weekly and up for major turning points. For best multi year cycle placements you want to look at the monthly for a long term hold. I am just waiting for this one to Crossover and fire green on the monthly for a long term hold placement. Let this be an example that sometimes it's better to wait for the long market exhaustion points and trade less. Especially with altcoins. Have an awesome day! 😁
X
by UnknownUnicorn2319099
1
XVG SHORT SETUP!XVG ANALYSIS: XVG is at an interesting point, and positions traders up for two opportunities. XVG is pushing off of the support, but held back by a strong downward trend. I expect the current run on XVG to go up to 47 sats near the 200MA, which holds a small resistance order block. A possible wick up to 49-51 sats is possible. This is the major order block zone. If XVG can get close to 50 sats, this will be the third attempt at the trend. I expect a rejection here and a pop back DOWN to support and possibly low support range. Short opportunities bids should be set at 47-51 sats, stop loss just above 55 sats in case trend is in fact broken. Then look to close short position at 36-40 sats. The next opportunity is a long term buy at 36 sats. Possible Short Entries: 47-51 sats
XShort
by altchicasignals
2
XVG / BTC Cup may be forming. Potential 180%. Pivot PointsXVG / BTC Cup may be forming (concave bottom). Depth 300%. Perhaps the price is now at the beginning of the 3rd phase of the formation of this formation. If we assume that this formation will continue to form, then we see that at the end of phase 2 there is a large volume. Potential up to figure resistance + 180%. Pivot points and movement options I showed on the chart. Target are all on the chart. If the “Cup” figure is formed further, then the first goal is the resistance of the cup + 180%. Further, how the price will react to resistance. Stop loss Under key support levels during your entry into the market. Do not forget to move Stop Loss during the price increase, but take into account the volatility of the coin.
X
by SpartaBTC
3