Verge (XVG) Retrace Complete, Time To Grow!We can say that XVGBTC (Verge) completed its retrace now that prices are moving back above EMA50.
The classic ABC Correction based on EW playout nicely and now we are starting to see new growth.
The altcoins market is now strongly bullish, so we can expect to see more; GREEN.
This is not financial advice.
Namaste.
XVGBTC
XVGBTC Best Time To Buy :)Hello, dear friends
XVGBTC Best Time To Buy :)
If you like such format of my quick analyzes, support idea with like. I'll try to find more opportunities for making 💰
Always in touch with you🧡
Follow us please to make more chart
Sincerely Your DrDonIQ
#XVGBTC Long another potential 50%XVG is ready for another ride!
Now in consolidation and at the end of the pennant almost , we can see XVG is now in accumulation and can breakout of the pennant anytime soon !
IF we can breakout, we can expect another Bull run by XVG. The last run was over 100%.
We saw the same run by ZILBTC after breakout from the pennant and can expect the same for XVG
ENTRY: CMP (75 sats )
ENTRY: CMP (55 sats )
Targets:
65
71
82
122
205
SL: 48 sats (Daily close below)
If you like these setups,join our TG channel @CryptoPeak and please hit the like button and share your views in the comment section.
Remeber this always
#Golden Rule
#BTC moons Alts Rekt
This is what I think.
Share your opinion guys!
Stay safe
#PEACE
XVGBTCA clear Gartly patern is spotted.
Then you see price declines to ma200, it is for some days that MA200 is acting as a good support.
We can see a hidden divergence in MACD, although MACD histogram is not closed in daily time frame but it is close in 4H. I mean it shows that is is a retracement and the trend is bullish.
Risk reward with you.
Update On Verge (XVG)I gave out the buy signal on verge back in late march early april for a long term position at 38 sats.
Since then xvg did have a nice surge in price and currently is having a pullback.
I will continue to hold the position as the 2 month chart now begins to compress.
I might consider to add more if we can hit support.
Verge Trading PlanHello traders,
Verge is giving us bullish signals on the dollar par. It done an bullish wedger and possibily will pump above this strong suppor.
For more analisis like this push like button and follow us on Tradingview.
xvg still in gamestill believe in XVG
but this is not for a long term investment in my opinion.
everything should be transparent
Level playing field
ODL
Verge | Bottom Line Is BullishRegardless if it happens in 3 days or 3 weeks, Verge (XVGBTC) will end up green.
We mapped a perfect retrace on the 1st of July (see it below).
Now that the 0.786 Fib. retracement level has been hit, which is also where MA200 is sitting at right now, Verge can work its way out of this correction and resume its uptrend.
The thing is that the technicals are all still bearish, so the 0.786 Fib. support/MA200 can break if prices don't go up right away.
Regardless if this support level holds or breaks, we are going to see Verge grow after a few weeks or maybe just a few days...
The charts are always changing... Make sure to do your own research and have a plan/strategy before you trade.
I hope this helps.
This analysis was done by your request.
Namaste.
XVGBTC Falling Wedge breakoutXVGBTC broke out of the falling wedge, targets as green dots given.
Might give a retest of the downtrend line before we XVGBTC goes higher. 66-69 buy-area
Not a financial advice
XVG/BTC (Descending Channel)XVG/BTC
-Verge is on a daily downtrend since the top at 104 sat
-On the other side, it is forming a Bullish descending channel
-Confirmation is the breakout the trendline resistance
-The key area to watch is 57 sat as it has been previous resistance before
-Which has the high probability to flip new support territory
-Upside potential, it might revisit the 90 sat range in the future
XVG LOOKS VERY BULLISH .. MOON IS COMINGHey guys just want to share this idea. I believe XVG is bullish right now. We don't have lot of volume but i think it will come very soon. Right now we have this nice falling wedge looking to break.
I entered at 61 sats. I'm in until 140 sats.
Do your home work and don't blame me if this go wrong. Always use a Stop loss. Mine is 59 , so very low risk
XVGBTC completed bullish setup for upto 50% movePotential reversal or buying zone: 0.00000061 to 0.00000054 btc
Fibonacci projection or sell: 0.00000067 to 0.00000081 btc
Regards,
Atif Akbar (moon333)
Cup & Handle 180 SATS Incoming? #XVG $XVG #VergeFam #BitcoinCup and Handle Formation.
Depth of cup is 71 SATS.
Top of cup is 104 SATS.
Expecting 180 SAT range after correction!
VPVR strong in that range.
Not financial Advice!
Good Luck Trader!
@Bane420XVG
XVGBTC bounced off of fibXVG bounced off of the bottom fib level and still looks bullish.
It still has low volume and the next volume can bring it back up as long as BTC.D stays down and bitcoin doesn't act weirdly.
Weekend trading is hard to get used to so I don't look at the charts on weekends but put your SL below that fib level.
Have fun and spend time with your loved ones!
Please like and follow!
Verge (XVG) Going At It Again or ABC Correction?We are bullish long-term on Verge (XVGBTC) and all other altcoins pairs/cryptocurrency projects...
But, what is happening now with this XVG chart?
We are seeing many altcoins that just continue to go, they are growing and continue to grow, so we can expect the same here right?
Maybe.
It is possible we are witnessing the classic ABC Correction from EW Theory.
The dashed blue line on the chart is the support.
Below this line, we are likely to see XVGBTC complete the ABC wave and hit lower.
But if somehow XVGBTC manages to stay up, we can expect more bullish action and additional growth.
This is a very simple spot for us, since we buy at the bottom, right now we only wait patiently and continue selling on the way up.
See it below
Thanks a lot for your support.
Namaste.
