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Xvgbnb

XVG/BTC (Weekly Key Support Failed)💎Technical Analysis Summary💎 BITTREX: XVGBTC -VERGE broke its weekly key support area around 34s sat -This is an extremely Bearish signal for this altcoin -There is no strong support until the 9 sat area -Where we can see a previous resistance last April 2017 -This is a -70% downfall from its key support -Please don't try to catch a falling knife A big Thanks for donating 💰 via Tradingview coins this week to CITIZENCAINE 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
3
XVG/BTC (Testing Weekly Key Level Support)💎Technical Analysis Summary💎 BINANCE: XVGBTC -VERGE has been trading inside this descending channel for quite some time now -The price is already back at its key level of support on the weekly chart -For the 1st time, last week's candle is green which shows a weakening selling pressure -But this is still not enough to change the bigger trend -XVG needs to break above this channel resistance and consolidation for a few days -From there, the Bullish scenario will increase and the risk will be reduced A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
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by PolarHusk
13
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! :) ``````````````````````````````````````````````
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by PolarHusk
7
XVG/BTC (Retest 200D MA Dynamic Support?)XVG/BTC -Verge is likely to retest the 200D dynamic support -And the major support area around 50 sat -This is also a confluence of last Fib support level 0.786 -I recommend placing Buy orders only when there are Bullish reactions -Or any potential reversal signs around 50 sat range -This will give extra confirmation that this level is important -The trade idea is buying at the key support area -Ideal stop loss is candle body below 0.786 Fib
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by PolarHusk
1