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Xvg

XVG completed Gartley pattern for upto 57.5% rallyHi dear friends, hope you are well and welcome to the new update on XVG. On the daily time frame chart, After the formation of Gartley move the priceline of Verge with US Bitcoin pair has completed the final leg of another bullish Gartley pattern and entered the potential reversal zone. There There are 50 SMA within buying zone and 100 simple moving average below this level as well. this trade has a huge profit possibility up to 57.5%, and the loss possibility is 14%. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
XLong
by moon333
2
XVGBTC - Verge is on Golden Cross Cup FormationHello dear Traders! I was asked to analyse xvgbtc by the user @Nagat on TradingView in my last BTCUSD analysis comments. I wanted to analyse it tonigt for all of you in a common benefit for every trader. So lets start. The most important signal from the analysis is that we are taking a positive golden cross run alarm from the daily chart of XVGBTC. The 50 days MA is crossing 200 days MA from below means it is positive confirmation for the upcoming bull run and signal of average boost to upper levels soon these week. The second most important thing in the technical view is that we have possible cup formation incoming with the active bull run. This is a possible scene and a common prediction for daily charts to be happen. The road map may not be accurate but this is likely to be happen depending on the btc dominance level in the market. The horizontal lines represent the targets in the drawn chart is 181% max growth to 16% sl. The arrows are showing the higher lows from below as it is also a great signal for the incoming rise. Lastly in the position chart the green and red arrows are representing the alert zones. Your tp levels were given as it will take time and dominance to pullback for verge to move that levels. As we all want and analyse bitcoin dominance chart is going down in the bigger picture this is likely to be happen soon or later. Any of these are not a financial advice as I am not a financial advisor but only an analyst. Feel free to ask your questions in the comments or message me on TradingView as which asset analysis you want to see next?
XLong
by investhubacademy
13