Xvgbtclong
Legendary XVG Shor...scratch that...LONG! Update: 460-500Gettin a little bolder here with my riskiest call yet - a short-term long calling targets & timing. I'll probably get slapped with the reality of the unpredictability of markets, lol. Oh well, just for fun!
I'm seeing a few bullish patterns forming since the breakout from our wedge. An asc scallop or two, an inverse asc scallop and possibly a (series of) inverse H&S. As well as some cup & handles, maybe?!
Much is still yet to be confirmed, but this is my bullish PoV as of right now.
All of these are targeting 460-500. I'd like to see it happen in the next 36-72 hours. Funny enough, that'd be a nice height for what could become an even larger asc scallop - which I have drawn in white.
Don't get me wrong - I still see the potential for a dip, but it sh/wouldn't be much. Below 375 would be somewhat unexpected for me.
Fair warning : Use caution if trying to trade based on this - it is not trading/financial advice and I do not expect it to be SUPER accurate.
Cheers, y'all!
**PS: I have a super speculative theorized roadmap/private chart laid out all the way to 900s to a pinned blast off date for anyone who is interested in seeing it. Direct message me/comment below, if so.**
Legendary XVG Short: UPDATE - LOOOOONG! 1: 930s? 2: 1400s?**Hey all! Sorry for the late update, as I'm still traveling. I'll be back to my regular posting schedule on Wednesday, July 4th.**
BREAKOUT!!!
XVG looks to have achieved it's first successful breakout from our big beautiful falling wedge that began with the PH spike & dump turning point back in April!
This could be it! We still have a ways to go, and we probably need BTC to be a reverse too. BTC looks like 6725ish is in sight, then a Right Shoulder formation that could go as low as 6100. This would be an inverse H&S with a target of 7400ish - around mid July or so. That's just my guess for now.
Always look out for throwback & pullback!
Hopefully I can get a read on some reversal patterns for XVG for you all as soon as I get some time, so we can start hitting/flipping more short-term targets.
Cheers! Good luck out there!
$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
VERGE XVG QUICK UPDATE FOR CRYPTO MANIACS!I am bullish on Verge and love the coin, even though their team is not nearly the best. I would recommend to get into this coin if you have some money to play with for at least 3 month. Returns can be great, but also be mindful of the risk. I recommend putting SL at that green line because if we fall below that, we would need to identify newer support levels which will be further down.
Enjoy this trade 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 - shows bullish signs for trend reversal (70% profit)All alts are looking pretty good since BTC is picking up bullish momentum again.
XVGBTC here on the 4hr scale shows clear regular bullish divergence on the 4-hr in compliance with the RSI, which has also touched the 30 level (oversold) on the daily RSI since its big rally in mid March '18.
Additionally, current price movement downwards finds itself in a descending wedge pattern, that can be seen as a reversal pattern once it breaks out to the upside.
The red dotted line below is a long-term support level that has been breached briefly, where it is currently hovering under. To avoid possible losses, please open position once it breaks out the pattern and goes above this support line.
Short term target: 930 sats
- Not financial advice -
Good luck trading, and make sure to use a stop loss!
Maurits
XVGBTC start of wave 3 of wave 5? If wave 1 and wave 3 were equal in magnitude
at a minimum of 1:1 ratio target for wave 3 of wave 5
would be ~2569 satoshi
WXY Extended correction INTO A Cup and handleXVG Still the best setup or one of the best setups right now be patient
XVGBTC update - still heading north 295% gain risk/rewards 1:13This is an update to my previous idea on XVG
We have since gone sideways due to BTC hitting hits resistance at 200day MA. I’m still very bullish on XVG however. Looks like we are finally going to close a green candle above the 10 EMA on the daily. Good news to follow
Entry at 800 or below
Stop below 635 or 200 day MA
R/R ratio: 1:13
Good luck and stay safe
Kinashi San
Verge aprroaching strong Demand zone in Breakout Pattern.Hey, I am back with Another Technical Analysis, this time taking look again at Verge.
Last time I gave Free Signal on Verge which has led to 30% breakout , since it was in strong demand zone for a while.
Verge - Privacy as a choice.
Verge has seen major selloff due to what was considered bad news, partnership with PornHub.
But its not that bad when you give it a second look on the whole industry.
That was about Verge in short.
Taking look at the chart.
Verge has seen pretty run up, and now it has drawn Descending Wedge pattern which is a bullish pattern. Currently the Wedge is headed to Strong demand zone ( Support Area) which could lead to breakout.
Taking look at the Indicators.
MACD giving slight buy signal, but can curve down really easily that could mean better entry.
RSI fails to break bullish key level, but impulse from demand zone should break that 52 level easily.
Hope I made your view on whats going on with Verge somehow clearer.
If you like this TA let me know in the comments, Likes are aprreciated, Thanks !
If this gets a little bit of attention, I will update!
Pivotal moment for Verge approaching JuneVERY Simple long-term trend lines here as we approach June.
If it breaks above the top line, this will confirm Verge is long term bullish.
If it falls below the bottom line, then Verge is still looking bearish long term.
Back to basics, sometimes this is all you need!
One to keep an eye on!
We have double confluence all the way up. XVG CHART PORNJust THE BEST R VS R setup.... in the 3rd wave of a macro doesn't get any better
Verge BuyVerge carving out Beautiful Inverse H and S..... It is Very safe to buy IMO..... Double confluence zone at the 1 for 1 and Inverse head and shoulder target