Legendary XVG Short: FLOOR UPDATE!? Are we done free-falling?!Whelp...It's been quite a ride this month & a half, with all of you. What a legendary go - One for the books, if I say so myself!
I'm sorry I could not update at the floor today, as I was soft-banned for posting the discord link in the above thread. I posted that when I was on a premium trial account, and it is now against the rules as I am back to a free account. - I digress.
My XVG bags were heaaavyyy this morning near the floor. It felt SO good hopping back into my beloved Verge. Flipped em all at 440 a bit ago. There is still a possible maybe potential for 450-453 to hit.
Whoever caught the max range easily had 10% gains today.
The best part?
IT'S ABOUT TO HAPPEN AGAIN!!! TALKIN BOUT FREE BIG-GULP REFILLS!!
This rising wedge targets 385, but I'm not sure if we'll get that low. We'll have to see.
410 fits more in line with a Wyckoff bottom - at least at this next touchdown. So, I've adjusted my hit-box slightly, as you can see.
I will most definitely be picking up every bit that I can in the 420-385 range, again.
Remember - it's all about those 1% quick gains, and you only need 4 sats with XVG right now.
GOOD LUCK & GODSPEED!!!
(I can't wait to type "xvglong" in the tags of my Verge updates.)
Vergecurrency
XVG 1D DEATHCROSS ALERTWhat is a 'Death Cross'
A death cross is a crossover resulting from a security's long-term moving average breaking above its short-term moving average or support level. It is so named due to the shape created when charting the activity and its association with a downward market trend. As long-term indicators carry more weight, this trend indicates a bear market on the horizon and is reinforced by high trading volumes. Additionally, the long-term moving average becomes the new resistance level in the rising market.
Bullish Divergence on XVGNice bullish divergence on the 1D chart. maybe one more dip before a nice pop.
verge to $ 1 in 2018history repeats itself
We can see a movement of prices very similar to the one that took place in 2017, including the dumb for hacking lol
let's see what happens in the coming months
VERGE XVG ON 299% - 799% PROFIT - DEPENDS ON BOUNCE AREA - MVerge has been in drop accumulation phase for some time now. All negativity surrounding it is pure FUD and does no damage to this coin since it's simply following it's natural pattern.
Expected returns are huge for this coin, current maximum target for out pattern is 2,400 satoshi, however we can stop lower or higher. Further pattern will become visible as we finish up with this one. Privacy coins will become more popular this year and all 'hacks' with 'attacks' are positive things for such coins since developers can fix this issue sooner before we get higher volumes on it and at which FUD news will actually pull price down by a lot more breaking any pattern.
We are currently in a good buy zone with STOP LOSS at support line around 510 if you guys want to play it safe. We are actually having several patterns which are huge possibility of playing out within next few weeks. We have a butterfly pattern which has high probability of being followed. We also have a triangular pattern with high resistance levels when we get around 800 levels which can push it down therefor breaking our butterfly pattern, however I see it break it firmly if our butterfly pattern is followed for next week or two. Other patterns are here as well, but I won't go into them as they all have lesser probability of becoming a reality.
My take on this coin is that if you want high rewards with medium risk, then get into it for medium to long term.
Bitcoin is playing a key role in this and don't be surprised if we suddenly drop below 510 in case BTC drops to $7,100 levels which is still highly uncertain and probable. In addition if we suddenly start mooning, don't surprised as well after such major price retracement it's also huge possibility.
Below is just an earlier chart for Verge we have made a few month back on our last trade.
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.
$XVG-BTC | Is Verge set for a bullish bounce or going to crash? My Assumptions:
1. Bitcoin doesn't do any crazy moves.
2. The Verge team screwed up the chart with the overhyped announcement of the partnership with Pornhub. Some people may have lost their believe in XVG.
3. The spike around the date of the announcement doesn't count.
4. The Fans of Verge are strong hodlers.
My Predictions :
We're looking at the 4h chart, the yellow trend line is drawn on the daily in log scale and has a lot of touches, so I'm pretty confident with this trend. There are 2 support lines, that form a nice descending triangle with the yellow line. The first (white) is at around 630-640 and seems to be the recent low. But the RSI is not oversold, so we could see a drop below this line if there is a another rejection off the yellow line or if Bitcoin crashes. So the more important support line to watch is the red line at around 615. This one acted as support for a long time during February and aligns perfectly with the 200-day MA. If we break below this support, I expect a big drop. Maybe down to the 500s-area. But I think a bullish breakout is more likely since Verge often bounces up strong from descending triangles . A scenario like on February 15 with a huge bullish engolfing candle after a temporary break below the support line is possible as well. For profits I'm aiming for the 720-750 range, not sure how strong the bullish momentum can be at the moment. We will see what happens first within the next hours! :-)
Possible Trades:
Buy Zone: 650-620
Sell at T1: ~15% profit
What do you guys think about this idea?
Sources :
Partnership with Pornhub: www.forbes.com
None of this is financial advice, of cause. I am just drawing fancy looking lines on my screen.
XVG medium term target .29 on impulse wave 3Looks like we are finishing up an ABC corrective wave. On lower time frame I count 5 sub waves on leg C of corrective wave
RSI is also showing positive divergence vs price.
XVGBTC - Getting ready for a run? Good morning traders,
Since most of the alts are down, and cheap, it might be the right time buy some of the strong ones.
Lets look at XVG here:
Current price holding inside the triangle as you can see it on the chart. It is very simple, If we breakout of the triangle to the top, look out for the blue resistance levels and you can consider those as targets, to move your stop losses up as you keep banking profits, of course if you enter the trade.
If we break upwards, I believe we should look out for 698 and 717 levels as our first two target areas.
Now, if we break downwards, I have the red support levels to look out for another cheap entry.
I feel like XVG might be getting ready for a run here. It has been a while, but sure BTC has a role to play in it yet.
Keep following the chart, and I will keep updating it as and when needed.
Happy Trading!
Verge %100 profit chance (need hodl)if btc moves goes up, verge looks great for profit.
not an investment advice, do your own research before invest,
Good Luck,
-YD
VERGE IDEA - UPWARD WEDGE PATTERN TREND $0.14 THEN $0.42Enjoy 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 DOESN'T LOOK SO GOOD IF THIS SUPPORT BREAKSVerge is a great crypto but with a bearish market, downward break and upcoming weak support, we may see new lows of 500 - 550. Wait for support break for confirmation but it doesn't look good unless we have a firm bounce.
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.
XVG looks cute :) %50 profit chance (update)waiting good profits from verge. 2 weeks hodl.
not and invesment advice, please do your own research before invest. All just my opinions.
XVG looks cute :) %50 profit chancewaiting good profits from verge. 2 weeks hodl.
not and invesment advice, please do your own research before invest. All just my opinions.
XVG Next Bull Run? Watch the MAThe 9, 13, 21 hour moving averages are approaching the 55 hour moving average. If all three cross over, possibly in the next three hours, this will be a VERY bullish indicator and should lead to a significant increase in volume.
My target is 996. I don't think it will break 1000 on the initial run but if it does look for 1030.
XVG Could move soonVerge has been in an extended bullish flag pattern and is nearing the lower support level. This means a move should be coming soon. This would be the fifth leg of an Elliot Wave and should test the resistance levels just under 1000. I don't see it breaking 1000 on this push however.
If XVG continues to the lower resistance line it could break lower and test recent lows. I don't think that is likely to happen but that is always a possibility.
The current market depends greatly on what BTC does. The volatility of BTC can quickly chance an altcoin chart.
XVG Still BullishJust look at graphic ( red and green zones ) and you will understand that under 720. we can consider to be bearish.
But my opinion is we will bounce very soon.
Happy Tr4ding
notes on xvg had this forgot to post, using as a referencehigher highs soon to come.
patiently wait thru May and expect to be rewarded
Added Fib Fan & PH announce resist. Nothing else changed.Gets even more clear when you fan that fib out, and add a resistance trend line from PH announce peaks.
Nothing else has been touched.
XVG Update 4H & why you should buy right nowAll is on the chart.
FA 6th april they Block Reward Halving.
Source :
twitter.com
Happy Tr4ding !
