XVG, Oversold With Bull Divs And Potential Bottom- RSI is oversold on the daily (27.8) (RSI not included on the chart above).
- MACD is making higher lows, while price is making lower lows - bullish divergence.
- This bull div is also confirmed on OBV, which you can see here, with multiple ascending trend lines on the lows
- Price recently hit a low of 362 - the last bottom before this was 325, so it seems very close to bottomed out.
Like most alt coins, it is in a descending pattern, not particularly close to breaking out. But if you are looking for bottomed out coins with divs, this is a great candidate. That said, when looking on the daily, these can take a LONG TIME to play out, so I would not necessarily expect instantaneous movement here.
The previous 2 times that XVG showed similar conditions, it pumped for at least 3x.
Xvg
XVG Triple Fractal TheoryATH to low of 325sats= 85 days followed by 24 day bull leading up to parsnip announcement. Peaked at .618 FIB. Current downtrend at day 76 and looking like possible near-double-bottom scenario. 960sat .618 fib target roughly 20 days later.. Followed by 85 days leading to the apex of the triangle early Oct. AKA BULLSEASON. Breaking out to 1.618 of ATH and 2.618 of recent high.
I give you... "The Triple Fractal Theory".
You heard it here first.
I may be a damn Guru, but I am not financial adviser. Yada yada, legally I'm not responsible for your terrible trades.
XVG/BTC IDEA WITH FIB TIMEZONESThe green vertical fibonacci levels indicate the start of a uptrend.
The red levels indicate the start of a downtrend.
Verge: Still waiting for the signal!As XVG approaches 300, what I believe the target is, we're waiting to see a huge volume spike, then we buy.
XVGI got my first warning for my previous XVG post, we aren't allowed to swear on tradingview, sorry admins but this coin gets on my nerves.
Anyway, here the same post without the curse words! So this should be fine
4 hour candles. Should bounce right around here, a break now would go down to at least 420 and it would be a screaming buy down there
Speaking of 420, you should be smoking a ton of it before buying this coin.
Don't go to their telegram, or go and be amazed. Its like they trained a bunch of retarded monkeys with alzheimer to spam crypto nonsense.
Like my word those guys are a bunch of 'when moon' spamming kids*. I've been there, ran screaming. Attempted to join a second time only to see nothing changed so I left again, never to return.
There is this one thing though, this is the only coin that still gives me FOMO, not because of the descent looking chart (bottom wedge , support, fib) or the horrible community behind it. Just because of a feeling I have about this Sunerok dude and how he could end up surprising a lot of people,
Perhaps it wont be with XVG but I'm going to keep my eye on that dude.
Anyway, my targets for this piece of work are 1549, 1949 eventually 3149 and maxing out at 8249. With a lot of butchering in the middle, people will get slaughtered
Those same people are going to scream for 10K if we hit 8249 so it will probably go on a massive bullrun all the way between 19494 / 24494
XVGUSD another H&S is forming with goal to 24 cent per VergeIF the new Head and Shoulder will be confirmed we will see 24 cent per Verge in next month
Don't Buy XVG until you get the signalFrom a macro viewpoint, why try and guess the bottom just wait for the first spike in volume (see big yellow arrows above) then buy, hold a few days and sell. Simple enough.
Verge (XVG) Ready for breakout?Looks like Verge (XVG) is getting ready to breakout against Bitcoin (BTC).
Take a look at the chart... Please share your opinion on the comment section.
Namaste.
XVG - The big pictureOne of the most controversial cryptos out there. Either you love it, hate it, or are new to the space.
Purely objective analysis of the structure shows remarkable similarity to BTC. The overall retracement is not out of the range of accepting this long term view in my opinion.
The fact that it has so much emotion around it almost ensures some level of success through recognition and loyalty.
Looks like Verge (XVG) Hit BottomLooks like XVG hit bottom.
- TD sequential buy signal.
- MACD bullish divergence.
- Reversal candle yesterday.
- Indicators showing early reversal signals.
- The 4 hours chart is also showing many reversal signals...
Note: These are all early reversal signals
Trade at your own risk.
This is an educational post.
Thanks a lot for reading...
Namaste.
XVGBTC This is only my idea on verge's future. I hope it comes true but I don't really know if I did it right...
$XVG #VERGE - Still on a pullback, is over now???Hello Lads and Ladies,
Today we are taking a look at XVGBTC. Initially it has been pumped from 300 satoshi to 1450 satoshi because of an announcement of a partnership with PornHub. Since then it has been in a pretty clear downtrend.
The downtrend has been broken once but the news of Verge getting hacked has put it in a further downtrend. Right now we are at a very strong support of 400 satoshi, this might be the turning point, since it has been confirmed many times before. Nevertheless, you should always take a look at the market and if this market rollercoaster continues a little more down, it might break this support of 400 satoshi and have XVGBTC heading down towards the 300 satoshi line.
From there on the possibility if a bounce back up is very high. The bounces will have the first stop at the 600 satoshi line and if they continue the second stop would be at the 800 satoshi line.
Overall, I believe that buying at 400 satoshi is already a very good price, why I would put 75% in here and leave the rest 25% for the 300 satoshi line, since I believe that is unlikely seeing it.
Looking at the market right now, we had again a beautiful pullback that made me smile. We see further 7% -18% pullbacks through out the whole market. As I have mentioned in my PANIC GUIDE, the first pullback was not the last. Right now, I more and more convinced that we have reached the bottom. Many coins are sitting on the suggested support right now, not like after the first pull back. Therefore, a bounce of a bigger variety is very likely to happen.
As always, stay calm, stay positive and be re buy the coins, you were looking at for quite a while.
Like and Follow me and you will find this page interesting because I am a TA expert and day trader that does daily updates and new posts about the hottest and most discussed coins.
Cheers, Tomas
Legendary XVG Short: FLOOR UPDATE!? Are we done free-falling?!Whelp...It's been quite a ride this month & a half, with all of you. What a legendary go - One for the books, if I say so myself!
I'm sorry I could not update at the floor today, as I was soft-banned for posting the discord link in the above thread. I posted that when I was on a premium trial account, and it is now against the rules as I am back to a free account. - I digress.
My XVG bags were heaaavyyy this morning near the floor. It felt SO good hopping back into my beloved Verge. Flipped em all at 440 a bit ago. There is still a possible maybe potential for 450-453 to hit.
Whoever caught the max range easily had 10% gains today.
The best part?
IT'S ABOUT TO HAPPEN AGAIN!!! TALKIN BOUT FREE BIG-GULP REFILLS!!
This rising wedge targets 385, but I'm not sure if we'll get that low. We'll have to see.
410 fits more in line with a Wyckoff bottom - at least at this next touchdown. So, I've adjusted my hit-box slightly, as you can see.
I will most definitely be picking up every bit that I can in the 420-385 range, again.
Remember - it's all about those 1% quick gains, and you only need 4 sats with XVG right now.
GOOD LUCK & GODSPEED!!!
(I can't wait to type "xvglong" in the tags of my Verge updates.)
Legendary XVG Short: DONT be fooled! Another Desc Scallop 450ishHellooo!
Another quick update for your favorite Legendary $XVG Short.
I believe a desc scallop with a target of 448-462 is deceiving some folx today. If I was you, I'd get out on this peak, in order to re-buy at least around 450 - if not our ultimate 390 target. BUT, I'm not you, and this is NOT professional trading/investing advice!
We might see a bit of juice yet, but we gotta break 600 before we can start to consider anything.
Could be a big risk! This coin is about to explode as soon as it breaks out. I bet a single day candle could reach the top of our 6mos triangle, once it happens. Maaaybe 2 days, as we may need one to break us back through the bottom line of our 6mos triangle or something.
:fingers_crossed:
Good luck!
Original Legendary $XVG Short call from May 2nd:
XVGBTC - 280% profit potentialBINANCE:XVGBTC : Solid technical foundation, dedicated developers, high liquidity and upcoming partnerships together with marketing campaigns. Potential profit up to 280%, has been under the radar for month.
Good entry around support zone: 400-450.
Target: 900-1400.
Long-term hold
There is a trading opportunity to buy in Verge Ethereum ...Technical analysis:
. VERGE/ETHEREUM is in a downtrend and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 29.
. While the RSI resistance #1 is not broken, the probability of price increase would be too low.
Trading suggestion:
. The price is in a downtrend, but we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.0000560 to 0.0000482). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000560)
Ending of entry zone (0.0000482)
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= @ 0.0000700
TP2= @ 0.0000796
TP3= @ 0.0000968
TP4= @ 0.0001186
TP5= @ 0.0001453
TP6= @ 0.0002030
TP7= Free
There is a trading opportunity to buy in Verge Ethereum ...Technical analysis:
. VERGE/ETHEREUM is in a downtrend and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 29.
. While the RSI resistance #1 is not broken, the probability of price increase would be too low.
Trading suggestion:
. The price is in a downtrend, but we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.0000560 to 0.0000482). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000560)
Ending of entry zone (0.0000482)
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= @ 0.0000700
TP2= @ 0.0000796
TP3= @ 0.0000968
TP4= @ 0.0001186
TP5= @ 0.0001453
TP6= @ 0.0002030
TP7= Free
There is a trading opportunity to buy in Verge Bitcoin ...Technical analysis:
. VERGE/BITCOIN is in a downtrend and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 30.
Trading suggestion:
. The price is in a downtrend, but we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.00000419 to 0.00000325). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000419)
Ending of entry zone (0.00000325)
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= @ 0.00000563
TP2= @ 0.00000642
TP3= @ 0.00000749
TP4= @ 0.00000880
TP5= @ 0.00001011
TP6= @ 0.00001435
TP7= Free