There is a possibility for the beginning of an uptrend in XVGETHTechnical analysis:
. VERGE/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 33.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00004900 to 0.00004400). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00004900)
Ending of entry zone (0.00004400)
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 the 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= @ 0.0000565
TP2= @ 0.0000615
TP3= @ 0.0000667
TP4= @ 0.0000774
TP5= @ 0.0001018
TP6= @ 0.0001215
TP7= @ 0.0001412
TP8= @ 0.0002050
TP9= Free
Xvgeth
xvg 5050 shotthe famous formation we have seen develop all year long multiple times before a dump off. volume is low and bearish for now. lets see where it goes next.
There is a trading opportunity to buy in XVGETHTechnical analysis:
. VERGE/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00005070 to 0.00004590). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00005070)
Ending of entry zone (0.00004590)
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 the 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= @ 0.0000565
TP2= @ 0.0000625
TP3= @ 0.0000700
TP4= @ 0.0000796
TP5= @ 0.0000968
TP6= @ 0.0001186
TP7= @ 0.0001453
TP8= @ 0.0002030
TP9= Free
XVG come on down.Buy Green
Sell Red
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it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
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it works good for stocks and cryptocurrency.
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you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
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when a green dot 2.18% 3.00% 3.00% -0.78% -0.78% -6.68% -7.44% -7.44% appears you buy, if a green dot 2.18% 3.00% 3.00% -0.78% -0.78% -6.68% -7.44% -7.44% appears after that green dot 2.18% 3.00% 3.00% -0.78% -0.78% -6.68% -7.44% -7.44% you hold your investment.
if a red dot appears you sell your position. easy as that.
//
the standard dots setting will be set to 10 - use this for any chart above 3 days
change the dots setting to 6 for 3day charts and below
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shorter time frames will be choppy.
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larger time frames will be smooth.
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*Daytrading smaller timeframes is possible but not recommended.
XVG Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck!
Looks Good? Leave a like, share and tell me in comments if my trading advices are working for you.
Thanks for visiting.
There is a possibility for the beginning of an uptrend in XVGETHTechnical analysis:
. Verge/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00004020 to 0.00002930). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00004020)
Ending of entry zone (0.00002930)
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 the 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= @ 0.0000490
TP2= @ 0.0000565
TP3= @ 0.0000625
TP4= @ 0.0000700
TP5= @ 0.0000796
TP6= @ 0.0000968
TP7= @ 0.0001186
TP8= @ 0.0001453
TP9= @ 0.0002030
TP10= Free
There is a possibility for the beginning of an uptrend in XVGETHTechnical analysis:
. Verge/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00004020 to 0.00002930). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00004020)
Ending of entry zone (0.00002930)
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 the 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= @ 0.0000490
TP2= @ 0.0000565
TP3= @ 0.0000625
TP4= @ 0.0000700
TP5= @ 0.0000796
TP6= @ 0.0000968
TP7= @ 0.0001186
TP8= @ 0.0001453
TP9= @ 0.0002030
TP10= Free
#XVGETH is Marching up! Possible profit %35 at first targetAppearently, XVG is robust on the trend line and continuing it's rise.
Currently testing 0.786, may take some time, but after this fibo shows
first target around 0,00038
who knows may be second target will come around 0,00060 would be fantastic :)
Of course, this is not investment advice exactly!
A trading opportunity to buy in XVGETHTechnical analysis:
. VERGE/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 59.
Trading suggestion:
. We opened 8 BUY trade(s) @ 0.00005311 (day close price) based on a reversal candle ( Valley ) at 07.30.2018
. Price is in the support zone (0.0000560 to 0.0000482), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.0000560)
Ending of entry zone (0.0000482)
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 the 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= @ 0.0000625
TP2= @ 0.0000700
TP3= @ 0.0000796
TP4= @ 0.0000968
TP5= @ 0.0001186
TP6= @ 0.0001453
TP7= @ 0.0002030
TP8= Free
A trading opportunity to buy in XVGETHTechnical analysis:
. VERGE/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 59.
Trading suggestion:
. We opened 8 BUY trade(s) @ 0.00005311 (day close price) based on a reversal candle ( Valley ) at 07.30.2018
. Price is in the support zone (0.0000560 to 0.0000482), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.0000560)
Ending of entry zone (0.0000482)
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 the 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= @ 0.0000625
TP2= @ 0.0000700
TP3= @ 0.0000796
TP4= @ 0.0000968
TP5= @ 0.0001186
TP6= @ 0.0001453
TP7= @ 0.0002030
TP8= Free
There is a trading opportunity to buy in Verge Ethereum ...Technical analysis:
. VERGE/ETHEREUM 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 29.
. While the RSI resistance #1 is not broken, the probability of price increase would be too low.
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 (0.0000560 to 0.0000482). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000560)
Ending of entry zone (0.0000482)
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= @ 0.0000700
TP2= @ 0.0000796
TP3= @ 0.0000968
TP4= @ 0.0001186
TP5= @ 0.0001453
TP6= @ 0.0002030
TP7= Free
There is a trading opportunity to buy in Verge Ethereum ...Technical analysis:
. VERGE/ETHEREUM 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 29.
. While the RSI resistance #1 is not broken, the probability of price increase would be too low.
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 (0.0000560 to 0.0000482). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000560)
Ending of entry zone (0.0000482)
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= @ 0.0000700
TP2= @ 0.0000796
TP3= @ 0.0000968
TP4= @ 0.0001186
TP5= @ 0.0001453
TP6= @ 0.0002030
TP7= Free
XVG Looks YummyHello Everyone!
I'm sure some of you are looking at the XVG chart and thinking "What the heck is going on?".
The truth is, no one knows for sure!
Now, of the many possibilities, I'm showing the one that I believe is the most probable.
So, lets take a look.
XVG seems to be forming a descending right triangle (Big Picture), with its hypotenuse being the dashed red line, and its base being one of the dashed green support lines.
Now, I know what you may be thinking..."A descending right triangle? Isn't that supposed to be bearish?"
You are absolutely correct! However, although a descending right triangle is generally bearish, there are times where it can be seen as extremely bullish.
One indicator I tend to look at when making this decision is volume. Since the last massive run up which ended around April 10, 2018, volume has gone down tremendously and continues to decrease. This is a recipe for some explosive power in the market as sellers are running out of power, which only leaves room for buyers.
Currently, within the descending right triangle, we are playing within a downward wedge (blue), which is seen as bullish.
I believe that price could continue to fall to one of the green support lines, where we could see a nice bounce up.
Does price have to reach the apex of the wedge before it goes up? Of course not, we could see a nice swing up before it touches the first green support line!
What would give me a greater degree of confidence as I play within this wedge? When price does finally move out of the wedge, we need to see an explosion up, then perhaps price falls to the top of the wedge where it can rest before its next rally up.
So, where should you be buying in?
For my self, I never take 1 position in any coin. I always ladder my way into multiple positions, so setting buy orders at each support level would make sense. Now even if more position doesn't fill, I can always take that order and stick it above the current price if I believe the rally will continue to go higher. Take bites, never chunks.
If the downward wedge is truly in play, we could see a rally up to the red solid line. This red line should not be taken as concrete on where price will go to, rather an area. Just as we laddered in, we should ladder out.
This fits nicely into our big picture descending right triangle, as it would bring us to about the dashed red hypotenuse resistance line (~70% - ~160% profit potential, short term)
From there, we could see price continue to move within the descending right triangle, until finally an explosive movement up, and a pathway to ~1000%+ profit potential. (Long term).
XVG looks yummy, and I know I am taking some bites.