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XVGBTC

This Is How Verge (XVG) Is Looking After New ATLJust 4 days ago Verge (XVGBTC) hit a new All-Time Low... See it here: You can say it easily on this pair, the bottom has been hit and once you hit bottom, the only place left to go is up. Looking at the weekly/long-term chart, we can notice another bullish signal in the form of a Doji (last week). The TD Sequential is also supporting this view while prices are challenging EMA10. The RSI is at reaching 40, which is already strong on the weekly timeframe. When you have a strong RSI at low prices, it only means that it is a matter of time before strong bullish action takes place. With all that said, we will see prices grow next. Thanks a lot for your support. Namaste.
XLong
by AlanSantana
18
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!😊💕💖 ``````````````````````````````````````````````
X
by PolarHusk
13
XVG back down to All Time Lows!?XVG, like most alts, has been in a huge bear trend since Jan 2018 when it was trading around 1500sats. It went through a long accumulation phase between the Weekly Resistance of 53sats and Weekly Support of 36sats from December 2019 to June this year. I have identified a trend-line on the Monthly TF, starting from the peak of the October 2018 candle. The 3rd and most recent test of this trend-line came on the Weekly candle of July 15th which failed to break through. Since then price has also lost the Monthly Support of 71sats and is now testing the Weekly Support of 53sats. If price were to lose this final Weekly Support, it would almost certainly test ATL's again which is around 35sats. Price must hold this Weekly Support of 53sats to form a Higher Low and move upwards to prevent this.
XShort
by UnknownUnicorn3942995
5
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