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Vergecoin

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 AlanSantana
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
xvg price analysisxvg is in the lack of volume now and it needs to break that black downtrend line it needs huge volatility to break that black line if its able to break that black downtrend line then that blue line is the resistance for short term trade their is strong support at 605 sat personal suggestions set buy near 605-620 sats xvg is a strong privacy coin and I believe its a great project we can take huge returns from this crypto coin targets short term 1 1050 sat 2 1200 sat 3 1400 sat target for Long term (in between 6-8 months) 1 2000 sat 2 3500 sat 2 5000 sat( must exit at this point it can may retrace to 2000 sat after this ATH) Good Luck Stay bless ...
by Daniel_Jack
Verge We have again failed breakout sequence. It's the market telling again us that it needs more time to gain profit on investment. My speculation was that the second breakout was due to market manipulation all so as fallow (caused by news, announcements, promotion etc.), if you look before the breakout of the failed wave, you can see that verge was trading at almost the same range at what it is now. I am studying daily base different coints and share it with you all. Success With profit
by MartinDeBoer
1
-VERGE OF GLORY- **DISCLAIMER: IF YOU DIDN’T READ MY LAST POST, READ THAT NOW BEFORE GOING INTO THIS.** Alright here’s the deal. I mapped this out the day I made my last post but decided to wait till I was slightly more confident in this, and looks like it is headed towards that direction. I wanted to share my thoughts on the last post so everyone understood the market better before I posted this and not RELY on a possible projection. But this is the most sensible outcome to me at THIS TIME. The time-frames are not important in this count. ***THIS IS A MEDIUM-TERM COUNT, I AM NOT GOING TO COUNT EACH SUB-WAVE IN THIS CONDITION. USE CAUTION*** Therefore, if I am right, this will take us all the way to mid March (less or more). BUT. If you can hang on tight for slightly longer, the fruit will be very tasteful after the climb (as you can see).
Long
by FelixFezno
2
$XVG #VergeCoin - Without positive news - This is a dead TA duck1-Day Cloud Indicators Price Action - Bear cross into slow moving average MACD - Fast moving average showing no signs of bullish cross anytime soon Stoch - Bearish cross with no signs of recovering just yet. Nearing oversold territory. Yes, could be a good time to buy, but no - I believe its a sustainable dump OBV - Flat. Trend cannot be identified at this time. Bollinger Bands - Upper band flat - Lower band downward. If price holds to the lower channel, could be a strong bearish movement upcoming. Be careful - Proceed with Caution
Short
by damoredoo
1