Verge On The Verge Of Breakout | 70%+ Target MappedVerge (XVGBTC) is now facing resistance in the form of MA200 (black line)... which is the level that will decide what happens next.
Right now we have a higher low and a full retrace with prices for XVGBTC moving below the 0.786 fib. retracement support and then moving back above it... This should signal the end of the retrace.
Now, if MA200 or 0.00000047 can be conquered, we will see Verge grow fast like many of the other altcoins we are seeing produce massive growth... Honestly, it is only a matter of time.
Thanks a lot for reading.
Namaste.
Xvg
XVGUSD down to $0.0022USD by May 2020much like the BTC chart the USD chart looks just as bad. its going to drop to 0.0022USD
XVG/BTC, GOLDEN CROSS, BULLISH SHARK, 50-90% potential50 DMA crossed above 200 DMA, forming harmonic, support trend-line that coincides with the bullish shark, it could break out prematurely so I will be watching
I AM NOT A FINANCIAL ADVISER, do your own research.
XVGBTC 4HXVG; there is The Bullish Bat Pattern / H&S and Cup / probability that we are on the 3's wave. Seems to be breakout soon..
Break a leg&Good luck!
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.
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Is this #VergeCurrency $XVG Trend-Based Fib Extension right?I see some people who do not turn on the log setting on their trend-based fib extension analyses.
This is with it on.
Is this correct?
I particularly like the .618 is basically hovering around Verge's ATH. I also see interesting fractals (colored ovals).
Comments would be greatly appreciated. Thanks!
There is a trading opportunity to buy in XVGETHTechnical analysis:
. VERGE/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00002350 to 0.00001920). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00002350)
Ending of entry zone (0.00001920)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.00003000
TP2= @ 0.00003500
TP3= @ 0.00004235
TP4= @ 0.00005080
TP5= @ 0.00005850
TP6= @ 0.00007160
TP7= @ 0.00008460
TP8= @ 0.00012690
TP9= Free
There is a trading opportunity to buy in XVGETHTechnical analysis:
. VERGE/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00002350 to 0.00001920). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00002350)
Ending of entry zone (0.00001920)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.00003000
TP2= @ 0.00003500
TP3= @ 0.00004235
TP4= @ 0.00005080
TP5= @ 0.00005850
TP6= @ 0.00007160
TP7= @ 0.00008460
TP8= @ 0.00012690
TP9= Free
Altcoin mirroringFirst of all it is difficult to do fractal predictions without trading view PRO, so heres a comparison. Stellar, ZRX and XVG can be seen to be mirroring BTC in there movement patterns. This is the pattern I have been talking about for anyone following my posts!
XVG Verge new accumulation phaseVerge has been very profitable before halving despite the increasing BTC dominance. After that a golden cross occurred also RSI's seems ready to retest and gain 45 - 50 sats range back.
XVG READY FOR BREAKOUT BINANCE:XVGBTC same rectangular bottom forming here
breakout at 65sats will put target at 89sat
bullish on vergei think we might see some nice green candles in the coming week. if we get a s/r flip around 65 sat we might see 160 quite fast. between 160 sat and 200 sat is a good area to take profits. if we break 300, we fly.
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
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