Get started

Xvgbitcoin

✳️Verge/BTC (6/12) View + Trading Plan #XVG $XVGAfter rising sharply from 25st to 55sts as our previous analysis, XVG continues to be rejected and is priced lower than 40sts, this is a very strong resistance zone and it will be very difficult to conquer. Currently, XVG is heading to the 30sts zone and this is a good buy zone for XVG for the targets of 40sts - 60sts and even 75sts. The 60sts could be a reversal zone and might end the uptrend of XVG But if the 27-30sts zone is lost, the XVG will fall to the 18-20sts zone so be careful. 📈BUY-LONG -Buy: 27-30sts.SL if B 📉SELL-SHORT -Sell: 40-43sts.SL if A -Sell: 60-63sts.SL if A -Sell: 72-75sts.SL if A ♻️BACK-UP -Sell: 27-30sts.SL if A -Buy: 18-20sts.SL if B ❓Details: Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
X
by CryptoStation
XVG/BTC (Retest Major Support Area?)💎Technical Analysis Summary💎 BINANCE: XVGBTC -Verge is now approaching major support area -This zone was the last area before the massive pump last June -If this area can hold for a few days and form any reversal pattern -XVG could break out the midterm trendline resistance -The upside potential target is up to 50s sat or higher `````````````````````````````````````````````` Trading Involves High Risk Not Financial Advice Please Exercise Risk Management `````````````````````````````````````````````` If You Like My Daily Published Ideas A little Help By Supporting My Channel Through Leaving A Thumbs Up, Comment & Follow Happy Trading! --> Thank You! :) ``````````````````````````````````````````````
X
by PolarHusk
7
XVGBTC completed bullish setup for upto 4470% big moveHi friends is hope you are doing well and welcome to the new update on Verge coin. The XVG coin has surged more than 500% with US dollar pair and 205% with Bitcoin pair. In my previous post I posted analysis with US Dollar pair if you missed that then here is the link for that post: In today's post, we will watch the movement of XVG coin with Bitcoin pair. The formation of Shark and powerful bullish divergence: On daily chart the price action of XVG formed a bullish shark from October 2019 to the end of January 2020. And after entering in the potential reversal zone the price action moved up and after a small bullish rally dropped down again in the potential reversal zone then took another powerful bullish divergence and produced more than 205% bullish rally. Different indicators and oscillators and turning bullish: If we watch the different indicators and oscillators on the daily chart. Then stochastic oscillator has given bull cross from the oversold zone, the MACD is also turning bullish and if we watch the directional movement indicator then positive directional indicator is already above the negative direction indicator. And the ADX is up with the value of 45 that is showing the power of bulls. Therefore we can expect another upward move from here. The simple moving averages and another bullish spike: If we watch the different simple moving averages on the daily chart with the time period of 25 50 100 and 200 then it can be clearly observed that since the price action has crossed up all these moving averages after that for the first time the priceline is retesting the 25 simple moving average as support. And after moving sideways on this 25 SMA finally the price action has spiked more than 15% in a single day. And the more important indication on this chart is that we have the smallest time period moving average above all other simple moving averages and the biggest time period moving average with time period of 200 below all the other moving averages. Therefore a complete open alligator mouth is formed by the simple moving averages that can be a really big bullish signal. A big harmonic Shark move: Now I would like to share a very important harmonic move by the price action of verge coin on the long-term monthly chart. And that move is the formation of bearish Shark pattern. I also shared this move of XVG coin last year in July 2019. And at that time I found that the price action has found a final support at 0.00000048 sats. Therefore it would be difficult for the priceline to break down this level. Since then the priceline is moving above this level in the potential reversal zone of bearish Shark. And at any time it can start the formation of final leg. And the completion of this leg can lead the price action to produce up to 4400% big profit move. However I have defined two type of targets 1st one are the secure sell targets and other one are the aggressive sell target up to the completion of shark’s leg. And these targets are as below: Buy between: 0.00000208 to 0.00000048 sats Secure sell targets: 0.00000671 to 0.00001331 sats Aggresive sell targets (Upto the completion of Shark's leg): 0.00001793 to 0.00002194 sats Conclusion: If we take a look at the history of the price action of XVG coin. Then it can be seen that whenever the BTC turns bullish the Verge coin turns more bullish than Bitcoin. The obvious example can be seen in 2017. Therefore when the Bitcoin will start the next big move the XVG has potential to produce more powerful move than Bitcoin. Therefore we can expect a big move by the Verge coin to hit the sell targets as per above pattern before the Bitcoin achieves any big price level.
Long
by moon333
3
Verge Testing Breakout! (XVG)We covered this one not too long ago on the monthly chart. It is still red but we will see how this months candle will close with the Crossover strategy as it's been bleeding red for over 2.5 years! It's definitely been a major correction and due for a major bull cycle. We now have the weekly pulled up trying to find early confirmation of a major trend reversal. Xvg is testing the current Resistance level on the current channel for the breakout. We now want to zoom in and buy the next breakout for a long term position. If monthly can close green and breakout, we should be solid! 🥇MLT | PRO TRADERS
X
by UnknownUnicorn2319099
XVG SHORT SETUP!XVG ANALYSIS: XVG is at an interesting point, and positions traders up for two opportunities. XVG is pushing off of the support, but held back by a strong downward trend. I expect the current run on XVG to go up to 47 sats near the 200MA, which holds a small resistance order block. A possible wick up to 49-51 sats is possible. This is the major order block zone. If XVG can get close to 50 sats, this will be the third attempt at the trend. I expect a rejection here and a pop back DOWN to support and possibly low support range. Short opportunities bids should be set at 47-51 sats, stop loss just above 55 sats in case trend is in fact broken. Then look to close short position at 36-40 sats. The next opportunity is a long term buy at 36 sats. Possible Short Entries: 47-51 sats
XShort
by altchicasignals
2
XVG hitting support not broken since 2017|Upto 4470% profitThe XVGBTC is moving within a descending triangle since july 2017. The support of this triangle is at 0.00000048 sats which is very firm and cannot be broken sofar. The RSI upto week chart is already oversold and the 2 week chart's RSI is almost near at oversold. In the meanwhile the price action is also forming a bearish shark which can lead to huge profit possibility insha Allah. However I would suggest to buy after atleast the MACD on week chart gives a weak bullish signal. As per fibonacci I have defined some secure targets and also aggressive targets upto the completion of shark's leg. The targets are: Buy between: 0.00000208 to 0.00000048 Secure sell targets: 0.00000671 to 0.00001331 Aggresive sell targets (Upto the completion of Shark's leg): 0.00001793 to 0.00002194 Regards, Atif Akbar (Moon333)
Long
by moon333
16