Verge, XVG/BTC (Bittrex, Binance) Trade Opportunity!Verge looks like it is about to make another short run to 0.00000250 area which would be a good short-mid term gains for us. We are getting green action in EWO(bullish divergence), 4h STOCH, STOCH RSI and RSI are showing us some bullish movement is expected in the market. This crypto run looks a bit strange to me because in the previous runs all altcoins were going up together but now it seems like you have to get the right catch because some alts are still stable and some even are bearish. We are in a ascending channel this channel looks like it is going to make a rising wedge reversal pattern when we get to the end of the run however so far so good. My target for this trade is 0.00000235-250 BTC. EMAs have just crossed so we have EMA 20 leading the chart now which is another bullish sign in the market.
Good Luck, Traders! #moon #mooncommunity #turtlestyletrading ;)
Be a turtle my friend © Farhad Jafarov
XVGBTC
There is a possibility for the beginning of an uptrend in XVGBTCTechnical analysis:
. VERGE/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000224 to 0.00000180). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000224)
Ending of entry zone (0.00000180)
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 the 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= @ 0.00000325
TP2= @ 0.00000417
TP3= @ 0.00000480
TP4= @ 0.00000574
TP5= @ 0.00000700
TP6= @ 0.00000826
TP7= @ 0.00001005
TP8= @ 0.00001235
TP9= Free
There is a possibility for the beginning of an uptrend in XVGBTCTechnical analysis:
. VERGE/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000224 to 0.00000180). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000224)
Ending of entry zone (0.00000180)
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 the 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= @ 0.00000325
TP2= @ 0.00000417
TP3= @ 0.00000480
TP4= @ 0.00000574
TP5= @ 0.00000700
TP6= @ 0.00000826
TP7= @ 0.00001005
TP8= @ 0.00001235
TP9= Free
XVG/BTC, consolidation before a new bull runHi guys !
XVG's chart looks really like Bitcoin chart !
Since this summer, a consolidation is active in the 195-260 sats range. We looks like at the end of a new bull flag. XVG should follow the rhythm and ready for the "ALT season".
An other good thing is the Ichimoku Cloud, we started to switch on green and the lagging span (bold black line) is still in the cloud :
Wait and see, but XVG is a famous coin and many people follow him.
Thanks for your time !
Thanks to @eduardokaykedasilva to ask me on XVG chart.
Verge is dead. ShorttermStart thinking, that $XVG is dead, though many people believe in this project, but here are the facts:
1) JustinVendetta dissapeared right after 2 pumps and since then he didnt say a word on public
2) No real catalysts coming with no dates. They have stopped publishing dates of roadmap, as i think because they do really nothing.
Merchandise store is 90% done for almost a year, code update is 90% half a year, mining, etc...nothing is done so far.
3) Community is ruled by toxic moderators. Gor banned for just asking questions and arguing in Telegram and Discord
I think $BTC will drop too, that will lead to a mass alts selloff, with everything said above, i think Verge gonna drop really hard, and the only what can save it later is another P&D scheme, that Verge was doing before.
That kind of things can ruin the brand and can destroy the project.
VERGE IN BEARISH SYMMETRICAL PATTERN - CryptoManiac101XVG / USD TA
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
XVG - Right on Resistance, Waiting for Breakout!XVG showing some nice developments as it hits resistance. A breakout here could be huge. However, be careful with a looming bearish Bitcoin. Buy on a confirmed breakout.
VERGE Reversal Triangle Forming after Bullish Harmonic PatternVERGE has been one of the most volatile and surprising cryptos of all time. Only BTC wise, it had a mega bullrun last year, where the profits were about +3500%. This year, it had a massive bounce again, which brought profits of about +300% to the traders who got in on time. Those two bullruns and their respective dumps created a massive Bullish Harmonic Pattern figure. After the completion of this pattern, it's creating a Reversal Triangle Pattern, as shown in more detail in the following image:
This Reversal Triangle + Harmonic Pattern combo will create a new bullrun, which I believe will be happening around mid November 2018.
1D Stoch RSI is showing a triangle that will end up breaking down within the following days. After this downturn, it should be bouncing around October 24th:
Finally, 1D MACD shows a channel with a potential bearish Three Drives Pattern forming. After this dump, it should be going up to new highs along with price and many alts within the crypto market:
I will be posting charts every day for the upcoming bullrun next month. Not only in cryptos, but also in another market I have been following since a couple of months ago. Stay tuned!
@CoinMajesty
Verge about to break out from a perfect Cup and Handle formationTrade until next resistance for short-term. Long-term its a good investment start buying now and sell portions at each resistance level up to ATH.
XVG - Massive Falling Wedge Near CompletionBullish divergence on MACD, crossed zero line on daily, falling wedge nearly completed... all good things. Verge can move quickly. If resistance is strong we may have a push down to the green support line. As such, I have my buy order ready for the breakout. That way if we go back down to support, I'll be in prime position to buy some cheap Verge. If it breaks to the upside, my buy order will be filled and I'll be in early on the gains.
Bullish Verge (XVGBTC) - UpTrend - Slowy & Steady GrowthI just wrote about TRON (TRXBTC) recently, you should check it out, Verge (XVGBTC) is on the same spot as Tron but showing a little less interest from the people/traders.
The low for Verge (XVGBTC) was created on mid August, when September came a higher low was created, thus putting XVG on an uptrend.
Here are some of the signals why Verge is turning bullish:
We have increasing green/bull volume. This is always a positive signal for the bulls.
We are now trading above EMA10 and EMA50. These are early signals of a change of trend. These are the first resistance levels to break.
The RSI has been in an uptrend and strong since hitting August low.
Huge potential for growth... Clear buy signals when you look at the weekly chart...
Here is the weekly chart:
I hope you enjoyed this post.
If you found it useful or entertaining in anyway, please feel free to like and follow.
Your support is highly appreciated.
Namaste.
XVGBTCXVG is in a rising triangle. The first resistancde is at 278 sats, an outbreak would make the zone between 330 and 360 sats the next resistance.
Someone is buying it [XVGBTC]Hi all! I don't see a strong upward trend just yet, as the flat trend is holding up in the intermediate term. The Verge jumped close to 20% in two days after it tested the marked area at 200 sats. This week's rally is nearly vertical so a pause or pullback seems likely - what we are seeing now .
But while all that is taking place on a technical basis, market makers are trying to get the best price possible that they want to accumulate XVG in a weak market. That's why many alts will pull back and consolidate for periods of time, frustrating traders who chased and bought near recent highs.
Chasing and panicking is a terrible emotion in the cryptomarket that will eventually crush your portfolio. Market makers feast on those who trade based on fear and greed. Don't be one of those traders.
ENTER: 220 and low
PT: 350 and higher
GL Traders.
$XVG/ / $BTC Update Long SignalXVG is one of the most shittiest coins out there. This coin has partnered with PornHub and it responded with massive dump. Looks like the market didn't really like the partnership. Plus Verge has been a victim of 51% attack, what a shame.
All I depend the price is based on technical part which the support quite hold on this bear market around 190 - 250 is a great buy for first entry. R:R quite good, but there is also a chance to break the support right now if something towards Bitcoin price due to volatility on these recent days. I expect to enter the second entry around 50-75 sats.
Above all please consider this is a not strong analysis which only based on technical pattern and indicators with shady price action stuff. XVG Long!
