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Vergecurrency

XVG/BTC - Bears fallen asleep, bulls waking up!Looks like the bears have exhausted themselves! Verge is a buy for me at these levels. My reasoning: Location/structure: A floor seems to have formed at 40 sats which was tested 3 times over the last week - giving us a double bottom. Divergence: Confirmed histogram div + RSI div (coming out of oversold on the daily). Willy coming out of stupid. OBV crossing above the 13EMA. VPVR: Strong POC support. Sneaky notch above. Based on my rules this is a textbook trade. I'll be looking to sell in the red box for a 30%+ profit from current prices. Hit the LIKE button if you like my analysis and want to support my channel. Follow to make sure you don't miss any future trade ideas.
XLong
by AndyTheKing
2
XVG to 100 satoshi?Well seem verge have break the 60 satoshi resistant, so that mean he can go much higher now, and using that as a support, along the way we will encounter some minor resistant that will definitely will obstruct the road to 100 satoshi, but let see ______________________________________________________________________________________________________________________ Binance account, create one here www.binance.com Bybit free money up to 90 USD www.bybit.com
XLong
by TradingCryptoMore
XVG has no choice but to break out from a massive falling wedge.$xvg Verge has been forming a falling wedge since april 2019 and unsuccessfully tried to break out 4 times. The pressure on the dynamic resistance (green line) is now huge as we are approaching the bottom level around 38 sats. Verge has to break out no later than September 10th or we will explore new lows around 32 sats. If xvg breaks out the first target will be the resistance marked by the blue line around 50 sats. But the most important resistance is marked by the red line and is around 55 sats. After breaking it, verge will start a new uptrend and potentially a bull run. TP 1: 50 sats TP 2: 55 sats massive resistance Tp 3: 70 sats accumulation zone Tp 4: 90 sats accumulation zone Tp 5: 100 sats massive resistance Tp 6: bull run
XLong
by TontonLowan
Ascending triangle - Breakout's eveTwas the eve(a few days) before Breakout after vigorous lows and highs over the course of a few weeks, clear patterns has emerged most notable is the formation of the ascending triangle. The ascending triangle is a bullish pattern, which gives an indication that the price of the security is headed higher upon completion. The pattern is formed by two trendlines: a flat trendline being a point of resistance and an ascending trendline acting as a price support. We see the challenges at the line as we continue to closely track this forecast.
Long
by andrewpsp
1