"Psychology of a Market Cycle" meme currently printing on $XVGLiterally identical to the popular graph from wall st cheat sheet.
Compare for yourself!
A capitulation triangle broke down into an anger triangle, which began breaking down into current depression a month ago.
Too many similarities to spell out here.
Point being - I'd look into buying $XVG, especially if you aren't one of the many ferociously dumped on bagholders & actually have money left, lol.
Most midcaps have 8-13x on the return to ATHs - this sucker's got 20x >O.O<
Don't hurt yourself just because this coin's reputation is currently burning alive in a dumpster. What better time to buy, since Dec 2017?
Xvg
(XVG-BTC) to 65 satsnothing new here xvg is still falling it might bounce on one of the lines here and there but 65 sats in the coming months
Verge XVG next pushoversold on indicators.
ichimoku red snow tinner and ready to pass on green side.
XVG looks like ready for next push up.
worth to give a try.
Buy 140ish
Sell 185ish
Stop Loss 135
and always keep an eye on BTC!
Happy Tr4Ding !
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 42.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00004800 to 0.00004400). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00004800)
Ending of entry zone (0.00004400)
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 the 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= @ 0.0000535
TP2= @ 0.0000590
TP3= @ 0.0000618
TP4= @ 0.0000720
TP5= @ 0.0000824
TP6= @ 0.0000929
TP7= @ 0.0001269
TP8= Free
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 42.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00004800 to 0.00004400). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00004800)
Ending of entry zone (0.00004400)
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 the 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= @ 0.0000535
TP2= @ 0.0000590
TP3= @ 0.0000618
TP4= @ 0.0000720
TP5= @ 0.0000824
TP6= @ 0.0000929
TP7= @ 0.0001269
TP8= Free
I see a falling wedge, I trade a falling wedge $XVG #VergeLadies and Gentlemen,
Welcome back to TJs' Trade Corner!!
Today we will be taking a look at the very interesting chart of $XVG.
As many of you know, I hae an interesting history with $XVG. I have always been amazed how $XVG pumps and pumps out of nowhere and how amazing it is just to ride its waves.
We will even focus only on the last few months, not the really big pumps to 1000+ sats.
First of all the marketstructure.
As expected we see a form of a falling wedge on $XVG on the 3D chart. This is so much expected, as all Alts have been bleeding hard over the last two weeks and starting to show strong divvergences, same as a bullish patterns.
Here, the falling wedge is a part of a retrace and that overly not supported by the volume. As much as this space is a meme, we have seen a pump on the previous candle to 169, which might have been the first indication for the soon to come breakout. That number will be important for the trade set up.
Something very interesting that has been pointed out is, that we are approaching a very important support at 138 sats. The fact that this would be the first test of that level, we have strong chance of holding that level and not breaking the support. In addition, there is reason to believe that a bounce like the first one is very likely. This would be approximately 64% within the 3 days of a bounce. Supporting this, would be the fact of a double bottom on Higher Time Frames.
Last time, before the big bounce, we had a doji with almost significant volume backing it. Should we see the same or even a bullhammer on this one, there would be no better inidcation. Nevertheless, there might be a chance of the next few days closing red and then followed by the doji. Currently, the market is still indecisive, we might need a few more days of $BTC consolidation, before Alts can start popping and booming again.
Pretty much like $ADA, the TJ-Stoch is approaching the 40p line and has a high chance of a rejection there, with the possibility of an impulse-move. An impulse move on the 3D is very strong and might actually reach 64%.
This trade has been published before in my private learning group "ETG".
We are going over many observations and possible trades very frequently.
It is meant for only those who are really interested in becoming a self sufficient trader and learning about all the secrets of trading.
Should you be interested in ETG or the indicators I use, join my discord channel and say hi in chat, then I will give you a free trial for which you might be interested.
Like and Follow me and you will find the space interesting because I am a TA expert and professional day trader in crypto since 2012 that does daily updates and new posts about the hottest and most discussed coins.
Cheers TJ
$XVG Reached 146sats support for 1st time...$XVG Reached 146sats support for 1st time after the bounce in Nov18...
Testing a support for the first time should enhance the probability of hodling succesfully..
Look what happened last time w/ a bounce around 30%+..
If you took this trade, please set up SL just in case!
#XVG
Verge seems Bullish ?Hello all.
Bitcoin has just crushed all alts and you may think where it's gonna end. For now I can say it's continuing until BTC find a good psychological level of 5800-6000 (you can check my previous analysis of Bitcoin). Ok let's see how verge is doing. After a nice move in April 8 Verge (XVG) has been made influence of Bitcoin's movements and suffered. This chaos for Verge hushed around 153 sats where major moves started there since February. In a mid run Verge will find upper levels because it may potentially bounce again from 153 sats. On top of that iOS wallet and major updates are coming( a nice Meetup is in the way too). Hope you do your own risk and money management.
Thank you
$XVG Starting to show some signs of reversal sitting at support.$XVG Starting to show some signs of reversal sitting at support level around 160sats...
RSI coming out from oversold levels on the 6H
MACD starting to rise.
Volume showing some signs of life...
#XVG
VERGE - WORST IS BEHIND XVG HOLDERS - CryptoManiac101VERGE / USD TA Analysis
We can safely say that worst has been over for an average Verge holder as we see clear bottom that was found in December of 2018 and tested again in March of 2019
At this moment looking at fractals we can assume that this is another W pattern, however it can also be taken as an accumulation attempt which would be best way to look at it.
What is the timeline for an XVG holder until we see strong upward movement?
Just as an educated guess, I'd say this summer, but we can't be any more narrow in our timeline due to larger uncertainty in BTC market which should clear up in Q2
XVG Looks boring to meBecause it never, ever, ever, ever, ever, ever, ever, ever, ever does anything!
Here's some stuff on a chart that doesn't mean anything because XVG just goes:
--> / -- \ --> / -- \ --> / -- \ -->/\
/
Since we're on a \ , you can expect either a -- or a / , but not a / , because that's just preposterous!
Just having some fun with it. I'm hoping like y'all looking at it that the accumulation ends eventually!
XVGBTC reconsolidation before break outXVGBTC reconsolidation before break out.
potential for an IHS reversal and break out of symmetrical triangles
XVG Head & Shoulders Bottom?As I take a look at XVG's chart I notice a trend line dragging the price lower every time. After the higher low made by the last run down y noticed this head & shoulders pattern. Now, XVG is currently retesting the neckline of this pattern and we should see a bounce in the coming days.
$XVG USDT view... Broke & retest ~.0089 resistance zone...$XVG USDT view... Broke & retest ~.0089 resistance zone and shoot straight up...
UCTS Buy signal on the 1D
Volume rising over last days
RSI rising & over 80, MACD rising
I expect continuation over the targets in the chart... Make sure to lock profits on the way up #XVG
XVG/BTC BREAKOUT - short-term conservative targetsverge has broken out of its symmetrical triangle and is currently bouncing from a retest of its newfound support around 185 sats
Buy between 180-195 sats with conservative targets @
-225
-268
-326
Looking forward to reaching all listed targets in the coming week
not financial advice
Verge (XVGBTC) Highest Peak & Volume Since 2018Verge (XVGBTC) is moving again and this time it has finally broken above MA200. This resistance has been holding Verge back since early January 2019.
Trading volume is also at its highest since April 2018.
The RSI is also showing some strong bullish momentum.
The next resistance to break is EMA200.
If XVGBTC and move past it, you can expect some major gains.
All targets are marked on the chart.
The dashed brown line at the bottom can be used as a stop loss.
We have an active trade since November 2018, you can see it here:
Feel free to hit like now.
Thanks a lot for continued the support.
Namaste.