Verge (XVG) Bottoming Out (25% profit potential) Signals:
- RSI holding around 40
- Support at 740-780 Satoshi levels
- Symmetrical Triangle (Period of consolidation before price breaks up or down)
How to trade
If BTC can maintain its 8500-9000 range
Buy in:
743 - 780 satoshis
Sell points:
- 860 satoshi range, where previous support and resistance were
- 1000 satoshi range, where there will likely be strong resistance
Stop loss:
- If XVG breaks past down below support of 743 sats (Very safe)
- 660 satoshis, where there will likely be significant support (Risky)
Please criticize my TA's so I can learn from my mistakes. Good luck.
Vergecurrency
London Verge is Falling Down!This is it guys, the stoch never crosses
but goes down. And the price
did not cross MA.
XVG bounce back short termOversold. We broke the downward channel. Now looking to break out of the bullflag to shoot up to around 1025-1100 (length of pole). Back to resistence around 940-970, thereafter last time shooting up before longer consolidation period (which might end sooner because of news about listings etc.)
VERGE: CRYPTO BOTTOM SIGNAL = 15.12% PROFIT!!!Our "Crypto Bottom" Trade Signal has correctly identified a buy in point on the 19th of April 2018.
Using this buy in point and selling at today's price, you would have expected to net an AMAZING 15.12% PROFIT!!!
Investors have seemed to News of Verge's partnerships with adult entertainment companies (Pornhub and Brazzer's) seems to have initially caused the price to drop (after a substantial period of hype) but buyers are not returning in full force.
Other positive developments include:
1. Binance Plans To Add USD To Its Verge (XVG) Trading Pairs
2. Pornhub has received "thousands" of Verge payments over the past 3 days (with the anonymity of the currency allowing users to make private payments)
VERGE: 87.34% DROP IN 24 HOURS!!!POTENTIAL BUYING OPPORTUNITY???Verge has dropped by 87.34% from it's peak on 17th April 2018.
The "Crypto Bottom Signal" and "Crypto Scalper Signal" have identified buy in points as at the 19th April 2018.
News of the acceptance of Verge as a method of payment for Pornhub and Brazzers has seemed to have fizzled out on the market.
Will Verge be due for ramp up?
Verge should start to recoverNow that the dust of the announcement has settled, we should start to see some positive movement.
- People that wanted to sell the news have done so now.
- RSI is moving to below 35
- MACD is slowly moving toward a cross.
- We are below the 100 EMA
- Remember, the announcement was a _good_ announcement, so what we are seeing here is just people taking profit.
I would suggest buying between 720 and 700 and selling again once the RSI goes above 65.
It will take about a week to climb back up as people are watching each others.
I don't think we will remain too far of the new 100 EMA, but I don't see us really going much above it either.
A little more dip action followed by a lot of growth.The retracement on the spike up that we had previous to the announcement for several weeks seems to have almost hit .618 levels, so there's a potential...especially with the momentum we have with the MindGeek partnership to board XVG as their only cryptocurrency payment system. XVG was approached by them because of the privacy and security of the currency. A quick Google search of "MindGeek" will show you everything that happened today.
I think there was a lot of fear when the announcement first came out and it caused a lot of panic selling. The announcement (partially because of twitter downtime) we delayed and distributed to in pieces over the course of thirty minutes to an hour...then we suffered massive paper losses as this thing finally came down from the FOMO run.
Honestly, I think as more people read about this partnership and stop believing in all the FUD they see out on Twitter and reddit...they'll realize that the insanely massive exposure to the Verge name alone is worth it to us holders, let alone an endorsement. They ended up selecting Verge as their currency to enter the crypto market with. WIth hundreds of millions of users daily, international presence, SEO expertise, etc, etc, etc...This should be a great way to potentially introduce a lot of people that don't know about Verge to it and even be able to convince people that it is their most secure/private/anonymous option out there for these kinds of transactions!
Could write a book on all the media coverage from today (PCMag, Yahoo, Forbes, Fortune, Business Insider, Mashable, The Verge, a tons more)
Hold tight, maybe a slight dip down further but I'm expecting a rally from there and some ATH coming up in May
VERGE $XVG-$BTC EASY 18% PROFITHello World!
Since the partnership news came Verge is suffering in maintaining its price this is a good opportunity to make easy 18% profit by setting tight stop loss depending on your risk management. Simply buy verge $XVG at less than 900 sats and sell it again @ 1050 sats.
Hit like if you made profit by following this and let me know about it.
XVG - Bye the hype, sell the news!Verge (XVG) just made their "huge" announcement (with PornHub). I'm expecting this to be a classic example of buy the hype and sell the news with a retracement to at least the .786 Fib retracement line.
In addition many people have not yet heard about the 51% attack news that out on April 5th. The development and leadership team is incredibly incompetent and this will eventually be factored into the price of XVG but has probably been overshadowed by all they hype building up to this announcement. I've posted a link with details to the 51% attack for reference.
www.reddit.com
The future of verge.Based on this method and the continuation of the following Moving averages this is my prediction to verge. God's speed.
Vege showing signs of coming back.Porn has made industries and killed others. The history is that industry follows porn. Get in now and sit tight for big gains in the coming weeks/months if you can stand to sit on a crypto that long it's a good play.
VERGE (XVG) HODLERS - IT'S NOT OVER JUST YET - HThis is a High Risk trade for many reasons, two of those reasons being - 1. High Volatility 2. Poor Team
Many of you got 'screwed' by Verge, but after doing a detailed analysis of Verge chart and indicators, we are here to let you know that it's not over yet. That related to short term and medium term holders who have the most to lose.
Please look at chart carefully and if you're in Verge or want to enter in it, have Stop Losses set at purple line, IF low risk traders and have Stop Losses set within the red demand zone, IF high risk - high reward type trader.
Also, don't underestimate the current partnership that Verge has, although it's not what we all expected or envisioned for Verge. It's a step forward for the company and it's nice to see them making progress, even if it's not PG-13
Just FYI, I am not mentioning the name of the company because I believe it would go against tradingview's rules.
Enjoy this trade my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Verge will announce partnership details todayCoin of the day is Verge.
Verge is the privacy-oriented coin, one of the hottest coins in last two months. Verge team is developing the whole stack of technologies which will help users to protect their privacy in the future. Apart from integrating both i2p and Tor anonymity architectures, Verge also delivers muti-algorithmic mining support that makes it possible for miners that use a wide range of hardware to participate in mining and network maintenance.
Recent news
The coin recently went through the hype about the 51% attack. Discussion started on the 4-th of April, from the post of one of the representatives of the big mining pool on the bitcointalk forum. XVG price showed a limited reaction to the negativity due to Attack. The team reacted fast and assured that they did fix the vulnerability of the system, and the amount of illegally mined coins will not have any influence on the price. Stolen coins, still, will be left for the attackers. Many Verge holders attributed the events to media attacks in anticipation of the promised revelation of the mystery partner on April 17.
A tweet from the CEO of TokenPay on April 8 revealed that TokenPay is most probably the mystery partner and had a vision for the collaboration saying “meeting in Munich earlier today for breakfast with key stakeholders of the German bank. A deal in principle has been agreed upon by all parties. We will provide full details at closing, but can say that TPAY and XVG debit cards are likely coming soon.”
In the recent post on Medium Verge team announces official press release on 10 am EST April 17 (14:00 UTC April 17).
Quote from the post on Medium: "This partner owns one of the largest payment processors on the internet with several hundreds of businesses routing their payment traffic through them. The partner is going to be supporting Verge Currency by rolling out a global marketing campaign with continuous marketing effort throughout the year."
Technicals
Yesterday the coin bottomed at the 0.00001 level, confirming it's supportive power After touching the 0.00001 level XVGBTC went upwards, allegedly as a reaction on published by team post on Medium. Nonetheless, the coin did not manage to break above the recent peak at 0.0000135 and now trading slightly below this level. Today announcement will bring high volatility to the market and possible bullish rally. The breakthrough of high at the 0.00001443 will be a signal to buy. 0.00001 level should play a supportive role in the growth scenario.
VERGE: CRYPTO BOTTOM SIGNAL = 303.95% PROFIT!!!Our "Crypto Bottom" Trade Signal has correctly identified a buy in point on the 7th of March 2018.
Using this buy in point and selling at today's peak price, you would have expected to net an AMAZING 303.95% PROFIT!!!
Lack of news has caused significant declines in Verge's price over the past couple of months.
But news of a MAJOR potential partnership announced to be released on the 17th April, has increased buying activity which has forced XVG up more than 30% in a single day!
VERGE: LESS THAN 24 HOURS = 23.06% PROFIT!!!Our "Crypto Scalper" Trade Signal has correctly identified a buy in point on the 16th of April 2018.
Using this buy in point and selling at today's price, you would have expected to net 23.06% PROFIT!!!
The increase in price may also be explained by positive developments including:
1. Announcement of a major partnership set for 17th April (with original speculation being the release of Verge debit cards in association with TokenPay)
Analysis using the Crypto Bull/Bear Signal suggests the move may be in line with an increase in buying activity as a result of the impending news. A pullback is also expected as the crypto seems overbought.
It's hard to deny.Verge is looking strong on the back of it's partnership news. Looking at the longer time frames, we should be going up significantly. Short term it's pretty hard to tell were we will land. Going long for the week.
XVGBTC Entry: 1190 TP1 1417 TP2 1547Bullish divergence on MACD histogram + RSI .
We are in an obvious bull flag which is a continuation pattern.
Targets/exits based on fib retracement of 894-1354 impulse wave and fib trend-based extension tool.
Invalidated if BTC 0.09% dumps below 6850
SL 1115