When Monthly Fires Green. (XVG)Clear trend from the first major bullrun as it hit green consistently and ever since then we have had red monthly close for 2 and half years!
With cryptocurrency alt coins you really want to utilize big timeframes like the weekly and up for major turning points.
For best multi year cycle placements you want to look at the monthly for a long term hold.
I am just waiting for this one to Crossover and fire green on the monthly for a long term hold placement.
Let this be an example that sometimes it's better to wait for the long market exhaustion points and trade less.
Especially with altcoins.
Have an awesome day! 😁
Xvg
#XVG $XVG #VERGEFAM #VergeCurrency .0037 Incoming? #BTC #BitcoinSays BUY ;)
200SMA
VPVR
Not Financial Advice!
Good Luck Traders!
XVG/BTC a big uptrend moviment?Hello Traders,
We going to present you why we believe XVG may have a big uptrend moviment.
Now the price is at the buying zone,
From maximum to minimum the price has already droped 98%
We have a very big bullish divergences on RSI on wekkly charts
One of the bests risk reward from the market today
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VergeStock Symbol: XVGBTC
Verge to btc is sitting at a nice buy level.
Diversify and use 5% stoploss
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VergeThis one could be bottoming. Safe entry stoploss bottom break. Buy the up level breaks. Could be a big runner.
XVGBTC 4HVerge; I think 35 to 40sats accumulation is completed, is forcing the resistance. A new uptrend seems likely to launch
I think around short-term 45sats possible, that is about 12% profit from this price. But 45 important levels, for higher profit opportunities
It would be good to evaluate with general conditions-crisis etc..
Good luck!
Did #Verge $XVG just finish retracing to .618 on macro chart?I find this completely intriguing. Historic macro long-term chart.
Thoughts?
Verge triangleVerge has formed a symmetrical triangle, this is a bullish scenario as in this case the first impulse wave is up. Also a bullish divergence on the RSI, it is iffy because it crosses over price line on chart but regardless is a divergence. I will link my targets for a moonshot for verge for anyone interested. enjoy
XVG BTC - Descending wedge - Good level for BuyHello Friend
#XVG/BTC (Binance)
Buy Between 36-40 Sats
Sell Targets 44-48-54 - 58 Sats
Stop Loss Below 33 Sats
Buy With 3% Risk.
R\R = 1-2,7
This is just my opinion, and is not a call to action)
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XVG SHORT SETUP!XVG ANALYSIS:
XVG is at an interesting point, and positions traders up for two opportunities. XVG is pushing off of the support, but held back by a strong downward trend. I expect the current run on XVG to go up to 47 sats near the 200MA, which holds a small resistance order block. A possible wick up to 49-51 sats is possible. This is the major order block zone. If XVG can get close to 50 sats, this will be the third attempt at the trend. I expect a rejection here and a pop back DOWN to support and possibly low support range. Short opportunities bids should be set at 47-51 sats, stop loss just above 55 sats in case trend is in fact broken. Then look to close short position at 36-40 sats. The next opportunity is a long term buy at 36 sats.
Possible Short Entries: 47-51 sats
XVG Classic Bullish Divergence and HangmanBullish divergence and hangman however wick legs are not extended below current price level which leaves room for uncertainty, bullish divergence is a reliable way to identify reversals, currently observing classic / hidden divergence success rates based on my previous analyses.
Verge (XVG) trade setup: Possible 35%+ Profit Opportunity My trade idea:
Buy 38-42 sats
Sell some/all position ~55
stoploss 35
Not advice. Just another perspective to look at. Take with a grain of salt.
Verge #XVG exiting downward channelIt seems XVG will finally be leaving the downward channel its been in since August of '18, unless it rebounds down pretty soon. Otherwise, it's finding support along the 20, 50, 200-day MA's on the 12-hour chart.
This is probably a very great buying range to the next potential bull market coming up.
This is not trading advice. Take it with a grain of salt like you should with all trading.
VERGE - NOT EVERYTHING IS LOST JUST YET - CryptoManiac101VERGE / USD TA
Here we are looking at 12H TA for Verge vs USD which does not look overly bearish or bullish just yet and is showing us that upward momentum is highly possible here if we see continuation on BTC charts to the upside in coming weeks.
Verge holder needs a break about main resistance zone to become a bull, anything under it still shows us that market makers are nowhere close to becoming bullish on ALTS such as VERGE.
Verge XVG Trade IdeaWeekly chart throwing strong uptrend evidence with price action and volume backing
XVG / BTC Cup may be forming. Potential 180%. Pivot PointsXVG / BTC Cup may be forming (concave bottom). Depth 300%. Perhaps the price is now at the beginning of the 3rd phase of the formation of this formation. If we assume that this formation will continue to form, then we see that at the end of phase 2 there is a large volume.
Potential up to figure resistance + 180%.
Pivot points and movement options I showed on the chart.
Target are all on the chart.
If the “Cup” figure is formed further, then the first goal is the resistance of the cup + 180%. Further, how the price will react to resistance.
Stop loss
Under key support levels during your entry into the market.
Do not forget to move Stop Loss during the price increase, but take into account the volatility of the coin.