Verge (XVGBTC) wave analysis: 4hr tfPrice action from ~0.00001419 on April 17, 2018 till present date is identified in this analysis as an ongoing corrective (3 wave) move for Verge (XVGBTC) that not yet complete. The downtrend is described here as a possible zigzag Elliott wave structure. A minute wave ((c)) of the structure (last leg) that is currently ongoing should see the price of XVGBTC further decline.
The earliest price target for XVGBTC based on the zigzag structure for minute wave ((c)) is ~0.00000524 or 0.00000281 at which point minute wave ((c)) would = 100% minute wave ((a)).
Any upward move in the price of Verge (XVGBTC) should find resistance at the target area shown on the chart (between ~0.000000836 and 0.000000765).
The ADX as shown here with a negative slope indicates a consolidation or sidetrend in Verge (XVGBTC). Patience is therefore required to see how price action further transpires as opposed to selling immediately.
The point of invalidation (POI) for this analysis is a price close above ~0.00000951, which is just above the high of price on May 3, 2018 at ~ 0.000000945.
XVGBTC
High Reward, Low Risk. Alts popping any second!, or maybe later.Hello fellow Blockheads,
As we're all aware by now, the altcoins live and die by BTC and we're starting to get into a possible position for both. BTC is in a triangle and with either break up or down hard in the next 2-4 days and the alts will follow. If your like me, you can't bare to leave anything on the table so I'm looking for breakouts and flipping my trades on end
Verge has come way down and leveled off, and its just sitting there -all patient like- waiting for the cue from daddy bitcoin. Following TD sequential logic if the breakout goes live it should really hit the gas once it breaks the highs of the red 1
That should turn on the rockets and push us up past the 21 EMA. a pause to confirm, and continued up.
Think it cant happen?? Check out the previous price action from February.
All of this depends of course on Bitcoin, so by identifying the breakout point, and setting a stop-buy just above I'll catch the upside If this weeks good for Master. And if not, I'll wait for the dust to settle and try this all again at a lower level. No harm, no foul. Good luck, happy trading!
SCENARIO A
Stop-Buy @ .00000444 sats
TP 1 - @ .00000629 sats 41% profit
TP 2 - @ .00000693 sats 62% profit
SCENARIO B
Price falls with BTC. No buy triggered :)
(disclaimer: i am a 12 year old child with one eye and a learning disability. I've never been with a woman, and i wet the bed often. If you follow my advise and lose your bitcoin, you probly shouldnt have any in the first place)
Looks like Verge (XVG) Hit BottomLooks like XVG hit bottom.
- TD sequential buy signal.
- MACD bullish divergence.
- Reversal candle yesterday.
- Indicators showing early reversal signals.
- The 4 hours chart is also showing many reversal signals...
Note: These are all early reversal signals
Trade at your own risk.
This is an educational post.
Thanks a lot for reading...
Namaste.
XVGBTC This is only my idea on verge's future. I hope it comes true but I don't really know if I did it right...
$XVG #VERGE - Still on a pullback, is over now???Hello Lads and Ladies,
Today we are taking a look at XVGBTC. Initially it has been pumped from 300 satoshi to 1450 satoshi because of an announcement of a partnership with PornHub. Since then it has been in a pretty clear downtrend.
The downtrend has been broken once but the news of Verge getting hacked has put it in a further downtrend. Right now we are at a very strong support of 400 satoshi, this might be the turning point, since it has been confirmed many times before. Nevertheless, you should always take a look at the market and if this market rollercoaster continues a little more down, it might break this support of 400 satoshi and have XVGBTC heading down towards the 300 satoshi line.
From there on the possibility if a bounce back up is very high. The bounces will have the first stop at the 600 satoshi line and if they continue the second stop would be at the 800 satoshi line.
Overall, I believe that buying at 400 satoshi is already a very good price, why I would put 75% in here and leave the rest 25% for the 300 satoshi line, since I believe that is unlikely seeing it.
Looking at the market right now, we had again a beautiful pullback that made me smile. We see further 7% -18% pullbacks through out the whole market. As I have mentioned in my PANIC GUIDE, the first pullback was not the last. Right now, I more and more convinced that we have reached the bottom. Many coins are sitting on the suggested support right now, not like after the first pull back. Therefore, a bounce of a bigger variety is very likely to happen.
As always, stay calm, stay positive and be re buy the coins, you were looking at for quite a while.
Like and Follow me and you will find this page interesting because I am a TA expert and day trader that does daily updates and new posts about the hottest and most discussed coins.
Cheers, Tomas
Legendary XVG Short: FLOOR UPDATE!? Are we done free-falling?!Whelp...It's been quite a ride this month & a half, with all of you. What a legendary go - One for the books, if I say so myself!
I'm sorry I could not update at the floor today, as I was soft-banned for posting the discord link in the above thread. I posted that when I was on a premium trial account, and it is now against the rules as I am back to a free account. - I digress.
My XVG bags were heaaavyyy this morning near the floor. It felt SO good hopping back into my beloved Verge. Flipped em all at 440 a bit ago. There is still a possible maybe potential for 450-453 to hit.
Whoever caught the max range easily had 10% gains today.
The best part?
IT'S ABOUT TO HAPPEN AGAIN!!! TALKIN BOUT FREE BIG-GULP REFILLS!!
This rising wedge targets 385, but I'm not sure if we'll get that low. We'll have to see.
410 fits more in line with a Wyckoff bottom - at least at this next touchdown. So, I've adjusted my hit-box slightly, as you can see.
I will most definitely be picking up every bit that I can in the 420-385 range, again.
Remember - it's all about those 1% quick gains, and you only need 4 sats with XVG right now.
GOOD LUCK & GODSPEED!!!
(I can't wait to type "xvglong" in the tags of my Verge updates.)
Legendary XVG Short: DONT be fooled! Another Desc Scallop 450ishHellooo!
Another quick update for your favorite Legendary $XVG Short.
I believe a desc scallop with a target of 448-462 is deceiving some folx today. If I was you, I'd get out on this peak, in order to re-buy at least around 450 - if not our ultimate 390 target. BUT, I'm not you, and this is NOT professional trading/investing advice!
We might see a bit of juice yet, but we gotta break 600 before we can start to consider anything.
Could be a big risk! This coin is about to explode as soon as it breaks out. I bet a single day candle could reach the top of our 6mos triangle, once it happens. Maaaybe 2 days, as we may need one to break us back through the bottom line of our 6mos triangle or something.
:fingers_crossed:
Good luck!
Original Legendary $XVG Short call from May 2nd:
XVGBTC - 280% profit potentialBINANCE:XVGBTC : Solid technical foundation, dedicated developers, high liquidity and upcoming partnerships together with marketing campaigns. Potential profit up to 280%, has been under the radar for month.
Good entry around support zone: 400-450.
Target: 900-1400.
Long-term hold
There is a trading opportunity to buy in Verge Bitcoin ...Technical analysis:
. VERGE/BITCOIN is in a downtrend and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 30.
Trading suggestion:
. The price is in a downtrend, but we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.00000419 to 0.00000325). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000419)
Ending of entry zone (0.00000325)
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 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= @ 0.00000563
TP2= @ 0.00000642
TP3= @ 0.00000749
TP4= @ 0.00000880
TP5= @ 0.00001011
TP6= @ 0.00001435
TP7= Free
There is a trading opportunity to buy in Verge Bitcoin ...Technical analysis:
. VERGE/BITCOIN is in a downtrend and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 30.
Trading suggestion:
. The price is in a downtrend, but we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.00000419 to 0.00000325). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000419)
Ending of entry zone (0.00000325)
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 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= @ 0.00000563
TP2= @ 0.00000642
TP3= @ 0.00000749
TP4= @ 0.00000880
TP5= @ 0.00001011
TP6= @ 0.00001435
TP7= Free
XVGBTCOverall, you can see, when the candles touch the EMA they would drop very strong.
XVG would be down like my analysis
Verge XVG thought...This has to be one of the most controversial coins out there... People either love it or loathe it... My thought is that this is a genuine community effort coin. With that said, the goal of mass adoption brings a certain need for value stability. If you're expecting people to use a cryptocurrency on a large scale for everyday purchases, the coin has to have a stable value relative to something already known by those you're wanting to adopt the currency, USD, EUR, etc.
So, it's just my opinion, but the goal of verge isn't to create a store of value it's to create a useable privacy coin and they have done that. So again, just my opinion, but I wouldn't expect massive price movements because in reality that detracts from people using the coin as currency. I'm certain many disagree and that's ok because like I said, it's just my thoughts on what a crypto currency will look like after mass adoption.
XVG 1D DEATHCROSS ALERTWhat is a 'Death Cross'
A death cross is a crossover resulting from a security's long-term moving average breaking above its short-term moving average or support level. It is so named due to the shape created when charting the activity and its association with a downward market trend. As long-term indicators carry more weight, this trend indicates a bear market on the horizon and is reinforced by high trading volumes. Additionally, the long-term moving average becomes the new resistance level in the rising market.
XVG - Things looking bleak, but possible bottom found?XVG is looking rough.
After being hit with attack after attack investors may be losing faith in the product.
We have a bearish TK Cross, a 50/100 Death Cross, a 20/200 Death Cross.
It may be finding support where it currently sits at about 485.
CMF sell pressure is slowly starting to decrease which may indicate early signs of a reversal.
If it breaks, I expect to see it drop to about 340 then, as far as 100 if it breaks that support.
I would not get near this trade personally until we had a confirmed reversal and multiple bullish signals are confirmed.
XVG/BTC Daily - No changeHi,
BINANCE:XVGBTC always in a downtrend.
Waiting for a signal !
I accept all advices, thank !
This is not financial advice bla bla bla bla.....
Support area here, we should be having decrease volatility nowChart speaks for itself, and please refer to the video for more information.
As i said previously, if u are planning on getting verge, now is the time.
Good luck, and keep those SL tight.
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analysed, please PM me.
Thank you,
Ajion
Verge is struggling to find the bottom, but this is as good...As good as it is going to get, so have faith, and keep strong.
Keep your stop losses tight, and we are in good target so far at support position.
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analysed, please PM me.
Thank you,
Ajion
XVG/BTC - Bullish Divergence and potential IH&STaking a closer look in 4 hour TF, I notice an IH&S. The volume confirmation is there and the RSI shows bullish divergence. In addition, the MACD is curling.
With the Verge Amsterdam meet up on June 9th, I'm expecting positive news from this community.
Given these clues, I am bullish on verge.
Please bear in mind, this is only my opinion hence make of it what you wish. This is not an advice nor recommendation to either buy or sell. It's only meant for use as an informative or entertainment purposes.