XVGBTC
Bearish Scenario with Adam & EveThe chart shows the possible Bearish Count with Elliot Wave Theory. Adam & Eve is just one of many possible scenarios that could be the outcome of such a downtrend. It's good to always think about both the Bearish and Bullish possibilities.
Bullish Analysis with Leading Diagonal WaveIf and a big If we are in a 5 impulse wave upwards then a 5th wave could land us at the targets described. This is dependent on 3 conditions being met:
CONDITIONS:
1) We are up-trending in a 5 impulse wave up
2) Wave 4 is complete (If it isn't wave 2 as per Trade Devil's days earlier TA)
3) We do a 1:1 or 1:1.618 Fib level extension of the Difference between Wave 3 and Wave 4
Let's see how it plays out. Join the telegram for discussion on this and all TradingView XVG pair charts which are RSS fed to our group t.me/vergetrade
XVG Still BullishJust look at graphic ( red and green zones ) and you will understand that under 720. we can consider to be bearish.
But my opinion is we will bounce very soon.
Happy Tr4ding
notes on xvg had this forgot to post, using as a referencehigher highs soon to come.
patiently wait thru May and expect to be rewarded
XVG Bull Flag Breakout & Trade ZoneXVG is looking to break out of its downtrend first by breaking channel resistance and the 850 resistance. Upwards breaking out of the 900 and previous high of 935 will put it on its path to test higher fib levels. 1015 level is not out of sight.
XVG/BTC Fighting to Break DowntrendVerge Bulls have fighting hard to try to break through the yellow downtrend line.
Bulls have strong support at around 786 satoshi level.
XVG is now forming a Falling Wedge Reversal Pattern and I believe it will test the Resistance agian..hopefully breaking it before it reaches the apex.
Good Luck!
XVG on its way back to 1000 sats, get ready for the bull runHello traders,
After a long hiatus, XVG is ready to get back into the field. This first wave looks to be like a rising wedge which should be followed by a corrective wave of 61.8% to 78.6% retracement. Take some quick and easy profits here and wait for the monster third wave that follows the second wave.
Target: 1000 sats
Invalidated below 814. Happy trading and stay safe!
*For education purpose only. Not a recommendation of buy, sell, or hold*
Kinashi-San
XVGBTC 6h where are you going Verge?Ok, just a quick one. I am testing some history repeating itself method. Also trying with different trend line ways.
I would like to see a tight position of support and resistance creating a jump start for the rocket launch at the yellow triangle.
Where and how it will proceed after that? I'll try with a pattern similar to early April hype rise.
Well, let's see how it goes. I probably got this all wrong, but I am in for XVG since early Dec, so why not share my idea of how I think it will go the next couple of weeks?
What's the worst that can happen if I publish this idea? Most probably get banned from trading view :)
Added Fib Fan & PH announce resist. Nothing else changed.Gets even more clear when you fan that fib out, and add a resistance trend line from PH announce peaks.
Nothing else has been touched.
**UPDATE** - XVG (ST-Long): 990I'm guessing this triangle will break upward, as it seems quite bullish, but get rejected before .382 fib
Which will resume the course I've already laid out, here:
Cheers!
XVG Update 4H & why you should buy right nowAll is on the chart.
FA 6th april they Block Reward Halving.
Source :
twitter.com
Happy Tr4ding !
XVGBTC keep LongThe bullish momentum is still strong.
Investors are advised to stay focused.
Short term goal position 980.
Full Fledge Inverted Head & Shoulders...This is your classic Inverted H&S, now in the final shoulder stage. Extremely Bullish!!
First chart published. Just a few thoughts.Just looking at a couple trend lines and fib levels with a trend breakout either way on or by 5/4/18. Both scenarios fairly bullish due to positive market sentiment and momentum. Rookie at TA so feel free to share your thoughts. Probably wrong but hey, that's crypto.
Sobering reality for all you $XVG Perma-bulls (still GREAT news)Remember: You heard it here first. When every single other person on TV was shouting ATH! RIGHT! NOW!
Suffice to say, if this is truly the course, what a big chance for us to maximize our bags here before blastoff 2.0.
As you can see, mid-Dec was a nearly identical formation that shot up after a desc scallop getting rejected at .382 leading to a 2nd baseline support touchdown.
Now, look at our current setup.
Desc scallop with a Stoch RSI capping/crossover, possible Ichi crossover & bbands turning in - all right as we are approaching .382, again.
This is one reason why I believe we will get rejected at .382 (just like blast off 1.0 did too). However, we could still hit ~1k sats before that. Even a run to .5 or .618 would set up an even more bearish plummet to 2nd baseline touchdown, imo.
Target of 399-571 , which would be a SUPER healthy touchdown before 18,000 sats and/or $1.50-$2 by August.
I've already executed my sell & plan to go all in on target.
Cheers! GL out there!
$xvg #xvg #vergefam #verge
XVG Play Smart and avoid trapswe are still uptrend but to make it simple. just look scenarios on the chart.
around 930 first target to break out.
around 1020 next target.
around 860 if we break down.
Happy Tr4ding !
