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?
Xvg
XVG will continue increasing.When we analyze the price graph for XVG/USD it can clearly be seen that XVG will continue rising with some support points as it happened before which can be clearly seen from the graph.
XVG VERGE BULLISH DIVERGENCE ON DAILY CHART xvgbtc xvgusdtXVG VERGE BULLISH DIVERGENCE ON DAILY CHART xvgbtc xvgusdt
XVGBTC: next stop 65 - 70 satsClean chart with an obvious invalidation. Enter around 53 sats, TP around 65 sats, keep a tight stop loss around 50.
Verge (XVG) Break Above Resistance Can Lead To 35%+Verge (XVGBTC) is now moving within an ascending channel while also facing resistance...
60/61 satoshis is working as a barrier and the current level to break.
Conquering this level, closing the daily candle above 60/61 satoshis, can lead to an additional 35% in growth.
Even if this level isn't conquered today the outlook is quite positive for XVGBTC.
All the indicators are bullish and the chart shows plenty of room available for additional growth.
Thanks a lot for reading.
Namaste.
Previous chart, Jan 28.
XVG - On the VERGE of Mooning!💎🚀💸Look at XVG a couple weeks back and looks like we're still heading onward and upward.
HUGE volume breakout confirmed and the uptrend seems rock solid right now.
Expect this to put up serious gains moving forward.
XVG - Ascending ChannelCurrently looking at an ascending channel on XVG/BTC after the rollercoaster it was on a few days ago. Verge has consistently bounced between support and resistance recently and I have a feeling it has another run up left in it before potentially moving back down. Additionally the MACD is starting to reverse to form a bullish crossover and we can see that buying momentum is starting to pick back up. I also generally enjoy trading XVG because of its volatility.
Entries: 46, 47 sats
Stop Loss: 44 sats (or none)
Targets: 52, 54, 58 sats
XVG Looking for a retest and break of the strong resistance line. Position for a good entry point. Always use a STOP LIMIT.
XVG/BTC Price above MA 200 while MA 50 wants to cross itXVG 24 hours timeframe wanna start a growth due to the pressure of MA 200 and MA 50
Look after it.
Entry:42
Exit:47
Stop:39
XVGBTC trendline respected eyes on 77 Hi everyone, just a quick update on XVGBTC, as you can see we had a nice pullback to the upside from D1 trendline what can indicate that we are still in uptrend and and all eyes are on 77 satoshi for now where 1.61 fib lays.
In the next few days I'm expecting price to break above 1 fib and retest it, also keep in mind that if we will see break above and than fall below 78.6 the trend direction may change.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
XVGBTC flipped resistance to support, higher low for next leg upHolding around 39-40 is a bullish response to the selling pressure from Bitcoin's surge today. I believe this is great support for the next leg on XVGs bullish price journey. This is a good risk/reward opportunity with a tight stop loss, if the price goes below 36 sats the trend will be in question.