Xvgbtcbreakout
XVGBTC Best Time To Buy :)Hello, dear friends
XVGBTC Best Time To Buy :)
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#XVG/BTC 45% Profit and Riding. Final Target: 72.60%!Welcome to this quick update guys.
Some of you asked me for an update on XVG so here it is.
XVG broke out and pumped 45% already since our initial entry. The chart shows at least 70% profit to be booked.
That is my personal Target.
With the halving news on the first week of july it can easily reach those levels.
Although If you intend to ladder out (take profit) you can put your sell orders at the given targets in the chart.
If you didn’t buy it yet. You can consider buying partially at 51 52 and 53 sats.
TAREGTS will be the same as given in the chart.
Thanks for reading.
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XVGBTC: AD=CD Pattern With Support and Resistance Zone.XVGBTC: AD=CD Pattern With Support and Resistance Zone.
XVG hitting support not broken since 2017|Upto 4470% profitThe XVGBTC is moving within a descending triangle since july 2017.
The support of this triangle is at 0.00000048 sats which is very firm and cannot be broken sofar.
The RSI upto week chart is already oversold and the 2 week chart's RSI is almost near at oversold.
In the meanwhile the price action is also forming a bearish shark which can lead to huge profit possibility insha Allah.
However I would suggest to buy after atleast the MACD on week chart gives a weak bullish signal.
As per fibonacci I have defined some secure targets and also aggressive targets upto the completion of shark's leg.
The targets are:
Buy between: 0.00000208 to 0.00000048
Secure sell targets: 0.00000671 to 0.00001331
Aggresive sell targets (Upto the completion of Shark's leg): 0.00001793 to 0.00002194
Regards,
Atif Akbar (Moon333)
XVG LONG- Entry : 137
- Target : 900 (+556.93%)
- Stop loss : 76 (-44.53%)
- Risk/reward ratio : 12.51
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.
$XVG-BTC | Is Verge set for a bullish bounce or going to crash? My Assumptions:
1. Bitcoin doesn't do any crazy moves.
2. The Verge team screwed up the chart with the overhyped announcement of the partnership with Pornhub. Some people may have lost their believe in XVG.
3. The spike around the date of the announcement doesn't count.
4. The Fans of Verge are strong hodlers.
My Predictions :
We're looking at the 4h chart, the yellow trend line is drawn on the daily in log scale and has a lot of touches, so I'm pretty confident with this trend. There are 2 support lines, that form a nice descending triangle with the yellow line. The first (white) is at around 630-640 and seems to be the recent low. But the RSI is not oversold, so we could see a drop below this line if there is a another rejection off the yellow line or if Bitcoin crashes. So the more important support line to watch is the red line at around 615. This one acted as support for a long time during February and aligns perfectly with the 200-day MA. If we break below this support, I expect a big drop. Maybe down to the 500s-area. But I think a bullish breakout is more likely since Verge often bounces up strong from descending triangles . A scenario like on February 15 with a huge bullish engolfing candle after a temporary break below the support line is possible as well. For profits I'm aiming for the 720-750 range, not sure how strong the bullish momentum can be at the moment. We will see what happens first within the next hours! :-)
Possible Trades:
Buy Zone: 650-620
Sell at T1: ~15% profit
What do you guys think about this idea?
Sources :
Partnership with Pornhub: www.forbes.com
None of this is financial advice, of cause. I am just drawing fancy looking lines on my screen.