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Xvg

There is a possibility for the beginning of an uptrend in XVGETHTechnical analysis: . VERGE/Ethereum is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 56. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00001620 to 0.00001290). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00001620) Ending of entry zone (0.00001290) 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= @ 0.00002240 TP2= @ 0.00003000 TP3= @ 0.00003500 TP4= @ 0.00004235 TP5= @ 0.00005080 TP6= @ 0.00005850 TP7= @ 0.00007160 TP8= @ 0.00008460 TP9= @ 0.00012690 TP10= Free
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by ForecastCity
6
Verge Descending Triangle | Retrace Over?Verge (XVGBTC) is forming a descending triangle, easily visible on the above chart... Is the retrace over? Notice the bottom part of the triangle, we can see higher lows being hit... By looking at the upper side, we can lower highs... Volume is decreasing overall but there is an increase in bullish volume... Here is what happens next! Verge (XVGBTC) Potential Paths & Scenarios 1) If the support at 40 satoshis holds and EMA10 (42 satoshis) can be broken, we can expect XVGBTC to move higher and touch the green trendline. If this trendline is broken we go much higher. 2) If by any chance the 40 satoshis support can't hold, 38 satoshis will be revisited or a new low. The new low is the less likely scenario right now. All the details are shared on the chart. We are bullish on Verge (XVGBTC). Thanks a lot for reading. Namaste.
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by AlanSantana
11
$XVG #VergeCurrency - Fib Time Zones and Time Cycles for $XVGUSDQuestions for you expert chartistas: 1. Does it appear XVGUSD breathes on a 224 day cycle? The 2018 bear market completing a supercycle of sorts consisting of three 224 day cycles. Interestingly, the same goes for the genesis of XVG on Bittrex up until the end of the bull market. 2. I played with the Fib Time Zones so that there is some kind of correlation with the 224 day cycles, with the genesis of XVGUSD (on Bittrex) starting at Fib Time Zone (2). The interesting observation here is where it lands at Fib Time Zone (8) - at the end of the bear market supercycle. Now look at the repeating fractal patterns. I have goosebumps. Do you?
XLong
by CryptoKaku
7
XVG has no choice but to break out from a massive falling wedge.$xvg Verge has been forming a falling wedge since april 2019 and unsuccessfully tried to break out 4 times. The pressure on the dynamic resistance (green line) is now huge as we are approaching the bottom level around 38 sats. Verge has to break out no later than September 10th or we will explore new lows around 32 sats. If xvg breaks out the first target will be the resistance marked by the blue line around 50 sats. But the most important resistance is marked by the red line and is around 55 sats. After breaking it, verge will start a new uptrend and potentially a bull run. TP 1: 50 sats TP 2: 55 sats massive resistance Tp 3: 70 sats accumulation zone Tp 4: 90 sats accumulation zone Tp 5: 100 sats massive resistance Tp 6: bull run
XLong
by TontonLowan
XVGBTC: going to zero?I don't care about these coins - they'v been good for pumps/dumps but nothing else. There's no economy being built around them. I'v never seen a partnership that wasn't a price manipulation scam. So I don't believe that any of them have any genuine fundamentals outside of bubblenomics. I think most will return close to zero sats within the next 12 months. Verge is a good example and I'v been watching it and trying to play bounces, although I haven't touched it for a long time. The price action is deflationary, I don't see any real action now. The indicator suggests further decline too, perhaps into 2020. I will keep watching, but I am bearish on alts. For those waiting for the Alt Spring, I would say only that the alt breakout of 2017 happened only after BTC reached its previous ATH and, of course, it was part of long-term bullish move where people actually believed these projects had merit... clearly they don't and it's also clear more and more people know this.
by RealMcafee
1
VERGE - A LOOK AT WHAT IT HOLDS FOR THE FUTURE - CryptoManiac101XVG / USD TA Here we are finally taking a quick look at VERGE with USD pair. Instantly we see that we are following downward channel ones again. It's actually not a bad sign as if we take a look at historical movement, we will see that nearly 100% of the times, Verge produced a mini pump with a strong breakout right around this area. To add to the excitement of an exhausted XVG holder, we are also tracking just around one of our strong support zones. What does that mean? That means that this area of 0.0044 and secondary support of 0.0015 hold the highest chances of a strong bounce as they have previously been tested as demand zones. Quick Q and A! Do I currently hold Verge? No Would I buy Verge at current price? Yes, with tight stop loss. Entering into XVG at current price is low risk since the risk would be just around 2% as we are near strong support line. What are the chance of Verge dropping towards the second support line? If we break current support then I'd say over 60% chance we fall towards secondary demand zone. Would you hold 100% of your portfolio in XVG? Never, I usually recommend around 5% portfolio allocation towards higher risk crypto assets. This is one of them.
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by CryptoManiac101
1