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Xvg

Verge Completes Its Retrace? Falling Wedge Breakout! (40-60%)Verge (XVGBTC) is now breaking out of a falling wedge. The retrace might not be completed but this pair has the possibility to move from here. We would need to see a high volume candle as well as a close above EMA10 to confirm bullish strength. Conditions for change: If there is no follow up by the bulls on today's green candle, XVGBTC might retrace lower to 90-105 satoshis before trying again to move up. Thanks a lot for reading. Namaste.
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by AlanSantana
11
#XVG : Upto 45% Profits For The Mid Term#Accumulation_Recomendation Pair : #XVG / #BTC RSI : 56 Note : #XVG is on a very good bullish setup and forming a bullish engulfing candle stick in the 4H chart. The already formed falling wedge seems to be broken out and seems we are having a good spike from XVG. Volume looks good in addition to EMA is below the price. Both MACD and RSI are on favor of the bulls. Accumulation Area : 110 sats - 115 sats Distribution Area Short Term: Target 1 : 121 sats Target 2 : 128 sats Target 3 : 134 sats Target 4 : 140 sats Target 5 : 148 sats Target 6 : 158 sats Stop Loss : 100 sats Risk : Medium Capital Accumulation : 4%
XLong
by cryptotalk_et
4
Verge Price Analysis XVG / USD: Back In The CoffinVerge / USD Short-term price analysis Verge has a bearish short-term trading bias, with the cryptocurrency now trading below its 200-period moving average on the four-hour time frame. The four-hour time frame shows that a large inverted head and shoulders pattern has now formed, with sellers working hard to invalidate the bullish pattern. Technical indicators on the four-hour time frame are bearish and also appear overstretched to the downside. Pattern Watch Traders should note that the October 2018 trading high is the overall upside target of the inverted head and shoulders pattern on the four-hour time frame. Relative Strength Index The Relative Strength indicator remains bearish on the four-hour time frame, although it is attempting to correct from extremely oversold conditions. MACD Indicator The MACD indicator on the four-hour time frame remains bearish, although it appears overstretched. Verge / USD Medium-term price analysis Verge has a bullish medium-term trading bias, with the XVG / USD pair still trading above its trend defining 200-day moving average. The daily time frame shows that the XVG / USD pair is trapped within a horizontal price channel and is now moving lower after testing towards the top of the neutral price channel. Technical indicators on the daily time frame have turned bearish and continue to generate sell signals. XVG / USD Daily Chart by TradingView Pattern Watch Traders should note that a bullish inverted head and shoulders pattern is also visible on the daily time frame. Relative Strength Index The Relative Strength indicator has turned bearish on the daily time frame, highlighting the growing medium-term selling pressure. MACD Indicator The MACD indicator has turned bearish, with both the MACD signal line and histogram issuing a strong sell signal. Conclusion Verge is coming under downside pressure across both time horizons after failing to break away from its longer-term trading range. The bullish patterns on the four-hour and daily time frames still suggest that XVG / USD pair could eventually perform a much needed bullish breakout.
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by CryptoBriefingTA
Verge Looking Juicy - Short TermXVG is currently riding the .618 on the fib, in a descending channel, and volume is dropping. The 4 hour stochs is dropping, but price isn't moving, while the MACD is on the way up. This looks to be a good setup, that is if Bitcoin doesn't do anything crazy first. Personally, I'm buying while it rides this .618 and waiting for one of the crypto like explosive bounces that seem to come out of nowhere. If I'm wrong, that's what stop losses are for.
XLong
by E3-Trading
2
$XVG Ready Being A Degen?I don't if it is you, but for me, $XVG is degen-able. Strong charts right here that bottomed for such long period of time. Whether you buy it or not, we'll see how far this one will go! ************************************************************************************************************************************************** If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot! TIPS: PATIENCE & PERSISTENCE ARE KEY TO SUCCESS RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. I will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit. -------------------------------------------------------------------------------------------------------------------------------------------------- www.tradingview.com Rules: #1 Always obey tradingview.com house rules #2 Always read the description #3 Don't spam on the comment section #4 If you wanted to request my opinions about a coin/token just give 10 likes on my published charts and I will do it the day or two after #5 My opinions are not financial advice, follow it at your own will and your own risk #6 Together, let's build a better community on this platform
Long
by blockchaindedi
3