XVG short term tradeEven though everybody makes fun of Verge and collab with Pornhub, I believe sell-off is calming down and we'll see bullish momentum soon.
Currently trading around 0.382 Fib, which is also pretty obvious support zone, if this support holds then targets of 874 & 979 is reachable in a couple of days, I see that as potential Elliott Wave B (correction wave), then dip lower after that and then - who knows what happens. ;)
Entry:
770 and below
T1: 874
T2: 979
Stop-loss:
695
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XVGBTC
XVG currently at the golden ratioVerge is currently at the golden fib level 0.65 where usually a bounce back up starts to form the next wave structure.
It is still in a downward channel (the channel got tighter tho after the Mindgeek announcement).
Very exciting to see wether people will buy back in now or if it will drop further to the next fib lvl.
"NOT a financial advisor, seriousness reduces life. Make sure you feel blessed when waking up, millions of people died during their last night sleep."
If you want to donate crypto:
L T C : LgdvQDGv4v4krzdmVmozSopdvcLUbpj3Ye
B T C : 1Dx6c5e4BNaDMtSBp53dWGExYJccxmqc7k
E T H : 0x43e36a719c407285ec3c967857d13e9926771b78
X V G : DFT1FpC1d9MBHfFB7M4UPjorQEfJuFQEoh
XVG Enigma Broken by FibonacciBINANCE:XVGBTC is going to go a little more down till it founds support at 1050 (0.75 fib. level) black line.
I'm not saying it, RSI indicator says so.
If any bull flag occurs after 3-4 days and BINANCE:XVGBTC holds on 1400, you know what dear fellows?
BINANCE:XVGBTC is gonna have a break up right to the 1900.
The +0.75 fib. level.
I see fibonacci levels like no one else manage to see them!
Be grateful to your King and use this information for educational purposes.
Now have some sleep!
Staring at charts doesn't help profiting.
Your handsome KingTiran have spoken!
XVGBTC potential Cup & Handle spotted. Buying opportunity soon?Verge has been nosediving lately, but looking at the bigger picture on the daily graphs, XVG holders may have reason to be optimistic with the formation of what looks to be a cup and handle!
If this proves to be true, the bottom of the handle has not yet finished forming.
RSI on daily chart is at the bottom of the neutral zone, this along with the RSI divergence signals that it can go lower.
MACD histogram also looks like it can go a little lower.
Purple lines are previous support lines. (Top purple line is the resistance line that must break for the c&h breakout to be successful)
Red line is fibonacci support line of .236 fib at 571 satoshis
If XVG retests and breaks down from 668 satoshi suport line, it should bounce back either around 571 or 500 satoshis,
SO...stack buys between 500-571 satoshi range
stop loss 491 satoshis
*IF* XVG follows this general direction, get an astronaut suit and oxygen tank for a moon mission afterwards
.786 Last stand. we are at the 1 wave line right now. we need tobreak between now and 569 watch for a big bounce around 625
Verge BTC-XVG - Short-term Play - 10-20% Profit PotentialBTC - XVG (Verge)
Verge is a perfect Example for a typical "Buy the Rumor, Sell the News" Trade.
After rumors came up that Verge will have announce a major Partnership the Price rised nearly 500% within no time.
On the same Day they announced the Partnership with Pornhub the Price dropped hard within the next 48 Hours,
because off a massive Sell off (Sell the news)
We think XVG found its new Bottom and is ready for the next Ride! Also we believe that Verge is a strong and good
investment and still undervalued till now, defenetly at least a good Opprtunity for a nice Short-term Profit.
Buy Zone:
0.00000740 to 0.00000780 BTC-XVG
Targets:
1. Target - 0.00000858 BTC-XVG
2. Target - 0.00000936 BTC-XVG
Timeframe:
+/- 1 to 14 Days
Good Luck everyone
Captain Trade
BitcoinSector / SignalSector
Analysis of Next Upcoming Wave - XVGIf you have been following me from begining of my BINANCE:XVGBTC analysis. Congratulations for the profits.
Here is something that I would like to show will happen in next few days.
Right now XVG is falling. As 1D MACd has crossed.
If XVG breaks through the downtrend that's the best place to buy more BINANCE:XVGBTC .
I've already told my followers that we will see XVG near 600 - 650 Sats range. And we are close to it.
This is correction period after the recent annoucement. BTW this was a huge annoucement and it will be one of the largest used currency across the network.
I always keep my followers updated. So, be sure to follow me on twitter - @Suggestcoin
And here is a good article to know more about XVG verge - What is XVG? & It's features?
Verge (XVG) Bottoming Out (25% profit potential) Signals:
- RSI holding around 40
- Support at 740-780 Satoshi levels
- Symmetrical Triangle (Period of consolidation before price breaks up or down)
How to trade
If BTC can maintain its 8500-9000 range
Buy in:
743 - 780 satoshis
Sell points:
- 860 satoshi range, where previous support and resistance were
- 1000 satoshi range, where there will likely be strong resistance
Stop loss:
- If XVG breaks past down below support of 743 sats (Very safe)
- 660 satoshis, where there will likely be significant support (Risky)
Please criticize my TA's so I can learn from my mistakes. Good luck.
$xvg 9 count on 4hr candles, going up to .00001300got a red 9 candle with s13 and a13, not a fan of XVG, but a fan of BTC profits. Last time i saw a13 s13 was a bull run from 378sat to 1421 sat.
Verge Big Perspective | Click the Link For Full AnalysisZooming out from the 1h and 4h charts we can see the development of a symmetrical triangle. Weather we go down to test the lower trend line remains to be seen. A layover of the Fib levels from December and April show an overlap at the 1010-1020 range that could prove to be difficult resistance to overcome when we begin up-trending again. The 100 EMA on the daily is hovering in the 670s that may provide short term support with stronger support at the 0.236 Fib and above in the 600 - 650 region.
If you like our analysis please join our telegram where we RSS Feed all TradingView.Com XVGBTC tagged charts from all traders into our stream for discussion. If you chart XVGBTC on TradingView.Com please tag your Verge charts with XVGBTC so your chart can be streamed to the telegram. Feel free to join us on telegram, the link is below.
XVG Can go fly?Xvg surely go up because it very active coin and it's partnership is very good with pornhub. They will get advertise from the pornhub and surelt adter 2-3 months this will fly and anyone can't stop it.
REMEMBER: I am not a financial adviser nor is any content in this article presented as financial advice.
XVGBTC entry point! NOW!Triangle pattern
Support line of global trend
Growth cycle
Target:
0.00000882
0.00000961
0.00001022
Stop-loss
0.00000745
