XVG elliot wave 3 under way! As predicted, XVG bounced around the .786 fib line that I provided TA for earlier this week. I believe we are about to begin wave 3 of a huge elliot wave formation. We can expect movement like what I have illustrated but the time periods may be different.
Extremely bullish news today;
1) RingCT news will be announced in the next few weeks
2) New XVG wallets with beautiful design
3) New companies have approached XVG for partnerships following the PornHub/Mindgeek announcement
XVG moves very quickly, get in on it before you miss out.
Xvgeth
Is the end near for XVG?Possible bounce coming up for XVG at .786 Fib line. Expect it to go lower and maybe bounce off of it.
If it breaks below this line we are probably going all the way back down to our initial starting point last month.
Possible Elliot wave formation going here but please be careful.
Short till .786 is hit, long after.
XVG still short, pending channel break. Orange lines represent strong areas of fib. confluence and support.
Broke a descending wedge earlier today, now playing in a larger downward channel. Short for now, until we start showing some strength.
Best of luck. :)
Throw me a like if you agree/if I turn out to be right! Have a great weekend.
The fight goes on!Soo since my last post, I said we have to wait for a breakout in the resistance line(white) 0.00017915 and it happened. We got it and the candles hit 22% of profit, which is a great thing.
With the fact that the market works in waves and we are now passing through a downtrend as you can see the 20 EMA(blue) still down followed by 50 EMA(red) and the candles had broken down the channel, but it has stopped in a strong support line(red) at 0.00013770, with that in mind we have to wait to see if it will bounce or will continuos going down.
The MACD had shown to us a little pump on April 16 which makes sense cause we can see a bullish crossover there in the circle(yellow) but the volume of buyers had no strength to break the resistances ahead, which consequently maintained the current drop of XVG with a very strong volume of sellers (red arrow).
My guesses: We still in the final rally on MACD and a very strong support as I mentioned before, this added to the fact that Elliot's Waves ABC(green) is not completed yet corroborates with my idea of a possible new rise soon, probably close to 0.00017248 the line that will determine whether or not it returns to the uptrend channel. So don't overtrade guys, lets the market shows the answers.
Always remember my fellow friends, I'm like everyone here who is trying to improve my views on Charts and patterns, never take this as a financial advise because you are on your own.
If you liked or with you have an opinion about, I'll be happy to read it.
XVG needs shades because the future looks Bright XVG is the canary in the coal mine. 1st one to really break. Alot have followed.
XVG on a rampage - where are the stop losses?Verge has been on a rampage the last couple of days, exploding in price with strong momentum. The strongest catalyst being the knowledge of a pending announcement of a very big partnership (announcement planned for April 17th). It is supposed to be an exclusive partnership with a lot of impact. Hence, we have ourselves an anticipatory price movement.
First of all, prepare yourself for the typical buy the rumour, sell the news phenomenon. Make sure you have your stop losses set. The 17th of April might be a logic timing for the handle to start forming.
We are currently closing in on the 38,2% retracement level (low to high) or 61,8% if we look at the high to low Fibonacci retracement lines. You can see these levels acting as resistance for the moment. Can we still break through those? I think that is still quite plausible, but the 17th of April will be an exciting day and you'll better put some stop losses during the waves up (put them close to the Fibonaccis.)
So for some logical, for some less experienced maybe not, but do put those stop losses or at least be aware.
The other two fun learnings are how this price movement might be mirrored soon by ICX and Cardano.
ICX will be announcing i) an Initial Coin Offering platform & ii) IISS launch (by April 30th), so this graph might be moving like Verge's but with a two weeks delay?
"ICX to follow Verge's (XVG) momentum? (500% + potential)"
Similarly, Cardano has some announcements coming up by end of April, beginning of May: i) launch testnet; ii) roadmap update.
"Cardano to follow suit on the Verge (XVG) breakout? - 500% + potential"
Conclusion:
XVG momentum is still positive (see upward MACD, no sign yet of any cross), price seems to continue going. We have a by the rumour sell the news event the 17th of April coming closer - this might trigger a profit-taking sell-of. So stop losses should be made accordingly.
Moreover, ICX and Cardano seem to be moving with approximately two weeks in delay in terms of graph movement. Seems like something at least interesting enough to have a look at, don't you think?
XVG SHORTXVG Finishing 5 wave move. Maybe a little more up but it hit my targets in prior post exactly!! Now we move down for a correction.
XVG is on Fire! Looking over the last few days it seems that XVG has found some nice movement in overall volume supporting its most recent break out and up-trend.
Currently Technical Analysis Summary is in large support of a buy. Indications for moving averages are showing support for the up-trend and even with the bad health of BTC this thing continues to make a move to the upside.
Looking over support and resistance I'd say we should look to expect some consolidation. Looks like there are two potential trends and channels.
XVG and ETH - A long way to run Hi my fellow friends, here I'm with the power of Technical Analysis. Always remember, I'm like everyone here who is trying to improve my views on Charts and patterns, never take this as a financial advise because you are by your own.
So as we can see in the charts of BINANCE:XVGETH the 20 EMA (blue) still uptrend and show a great volume between March 23 and 04 April which could be a great signal. Perhaps one of the reasons for the pump in the volume was because BitIndia one of the biggest exchanges in India announced they are listing XVG, and the end of XVG crowdfunding with the announcement of a reward by Verge to as they call #vergefams who donate for the campaing. Anyway, XVG is gaining more and more notoriety among the crypto investors and it could lead to a bullish in the future.
About the analysis:
We have a resistance close to 0.00017915 and as you can see now we haven't broken it yet, but if it bounces in the support line on 0.00014800 we could expect an uptrend hitting the finish of Elliot's Wave close to 0.0002198 (76.40% Fib).
My guess is that we have to wait for a consolidation since we can't guarantee we are in a huge uptrend, that way if you are holding a stoploss between 0.00012442 and 0.00013200 would be ideal. If you want to buy you should wait to see if the resistance line will be broken.
XVG Verg Coin still in the Sell Cube moveBy examining different dimensions and angles
The ratio of recent events in the financial and global markets
Recent developments in the Crypto market
For Example : Google Banning Ads-The battlefields of governments and the country for the Crypto Market
And bad news from the beginning of the year of the year 2018 for this market, Crypto Market
And all the problems that have occurred recently in this market
The weak volume of liquidity and the low volume of poor buying in this market
Expectations are as follows
Can not be definitively said that
In the first six months of 2018, we will not see price growth but
Though 3 months have passed since 2018 market in red and bearish down it
Shareholders & Holders are should be wait and so on
They need more time to retrieve the price
At this time I write this article The current volume of dollar investment in the entire market is Market Cap: $330,194,238,746
It should be the volume of total market capitalization
Something about twice market cap that to help XVG or Verg Coin can go touch up price 0.30 Cent USD
Expectations should be this
We have to wait for the excitement and price change and price growth for the second six months of 2018
From 5 to 6 months next
In the second half of 2018
Almost all coins charts are in one form and coincide in a descending channel same
And if something happens in the future at a precious price
All together we will see the growth of all coins
XVGETH Long coming soon. Price bounce off of Daily 88.6 fib @ 0.000057 so this has marked a good bottom.
We are looking for a retrace on the 4H chart with possible entries at the following
Possible entry areas-
1- 0.50 fib- @ 0.00007995
2- 0.618 fib @ 0.00007562
3- 0.786 fib @ 0.00006945
4- 0.886 fib @ 0.00006578
Take Profit areas
TP1-0.00009830
TP2-0.00010300
TP3-0.00012120
Break-out: XVG needed a "big green Heikin Ashi candle" & got it!Disclosure: this is a repost of my Feb 12 Tradingview idea . Unfortunately, it was taken down by admin because it contained some external links. Until today, I always included links to i) my website, ii) interesting other sources. Unfortunately, my ideas that contained links have now been hidden (it's against policy). Given that I found the post crucial to trade XVG, I am reposting it, albeit the break-out has now occurred.
This was the post: "XVG needs a big green Heikin Ashi candle to break out!"
"Lots of indecisiveness in the Verge graph. In this post, we are diving into the matter with Heikin Ashi candles, which are very practical for identifying trend reversals.
We indeed see several Doji candles (1 & 2) and some spinning tops (similar to Doji candles but with some difference in open and closing prices, whereas for Dojis, this if virtually the same (i.e. Open and close are more or less equal).
Normally, Doji candles or spinning tops are very useful in Heikin Ashi candle analysis to identify a trend reversal. You can see examples in 3 and 4.
Now, if we look at where we are today (on Feb 12, red.), we see a lot of indecisive candles, ànd we are nearing the end of the triangle formation (two white lines drawn). As you might remember from previous posts, triangles typically go hand in hand with break-outs . We need a big green candle here to confirm an upward trend reversal. We are not seeing that yet, so best to stay on the sidelines.
We àlso see a golden cross forming in the MACD daily, which is generally extremely bullish , so that speaks in favour of more upward momentum coming soon.
Conclusion:
--> Keep a close eye on the new Heikin Ashi candles forming as these will tell us a great deal of what will come next. It might even be a large uptake!"
Update Feb 16-17: The break-out has occurred ! Too bad some of you probably couldn't see this previous post anymore and make the trade. BUT: you see we have broken the Fibonacci resistance level at 779 sat, which we will likely retest before going up to our next target: 1008sat! So still some nice profit potential ;-)
And remember: look out for those infamous Heikin Ashi doji candles (see above) as they will tell us when we can expect a trend reversal (down). In the meanwhile: Verge looking good. Attention points: we don't want to see Verge falling through its new found support at the Fibonacci retracement of 779 sat; we can expect further upward movement now and aim to reach the 1008 sat.
So the green Heikin Ashis are looking good. If you see a "doji" or "spinning top" (see above) appearing on the 4h Heikin Ashi chart, beware!
xvgusd back to ATH in two weeksBack to parabolic grow and 10 Cent if resistance at 5 cent will HODL for in next two weeks
Verge (XVG) [ $1.28 ] - A closer look using Elliot Wave Theory We are currently in the 3rd subwave of the 5th subwave in Wave 3 correctional wave. Plotted out is where prices may go in guidelines using Elliot Theory and adjusted to nearest support levels. In order for the uptrend to $1.28 to continue , we must hit lower than .00007747 eth.
Verge (XVG) testing an interesting break-out level!XVG is about to break a triangle pattern on the upper end, which is bullish ( note that you have to pay some attention with these types of triangles , follow up the price to confirm the trade).
- MACD (bullish cross) and CCI agree
- We can clearly see the same pattern repeating in the chart, providing us at least a short term opportunity
- Note that the Bollinger bands get tighter and tighter
- Volume is a bit higher and green
- Strong support on the 50% Fibonnacci retracement level (1021 satoshi) --> if trade can't successfully break and keep above the triangle, get out around 1066-ish at the lowest
- After that strong support on 61,8% level (793 satoshi)
- Resistance at 1249 satoshi
trade was started at 1035
Verge $XVG Technical Analysis January 11, 2018#XVG looks to be breaking out of a long cup and saucer formation. It looks like a reversal is on the way. If Elliot is correct, there is some serious potential here with new ATH reaching $0.65. I'd wait for confirmation of the breakout before I went all-in with this one. Please let me if you have any questions. I'm new to this so, I'm open to commentary.
XVG on the dawn of a new SpikeXVG was, along it's fellow friends, going through a though phase lately. This might come to an end according to that old mathematician from 12th century, Fibonacci, or at least a spike.
The price benefited from a long trend without any big surprises. But what is even more interesting is the pattern in place since early December (the start of the rise). The price followed, a part from the trend, a series of spikes that are surprisingly (or not) similar one to the other. Next break might happend on the next Fibo time zone start.
Look out for any sign of rebound during the next Scotch RSI bump. It it follows the previous spikes it could rise quickly, but will also crash quickly right after.
On the longer hand, ignore those spikes and focus on the longer trend which as written on the graph, keep rising without resistance. But don't ignore the whole market who is currently under pressure due to south korean events and media pressure in general.
Analysis done by The Foil
09.01.2018 22:20 CET
----
Disclaimer: The content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on our Website and wish to rely upon, whether for the purpose of making an investment decision or otherwise.
I write for analyzing, learning & discussing general and generic information related to investments and strategies. No content on the site constitutes - or should be understood as constituting - a recommendation to enter in any securities transactions or to engage in any of the investment strategies presented in our site content. I do not provide personalized recommendations or views as to whether a stock or investment approach is suited to the financial needs of a specific individual.
XVGBTC Dejavue - same as in June December before XVG gain +4000%XVG was moving at same pattern between June and December last Year then followed the +4000% in one Month
Taking into account Anonymity Ban in Korea coming on 20 January 2018 and most probable follow up of anonymity ban in USA and other countries next rally for XVG is highly possible.
Is $TRX Tron the next $XVG Verge? 10x Growth Possible.Recently we saw $XVG go to the moon after getting a shout out from John McAfee on Twitter. But even without his shout out, Verge was already poised for major growth. Another Alt coin priced very low and on the verge of a huge breakout is Tron. Currently over at Binance, they are having a trading contest for $TRX and whoever ends up with the most volume wins a Maserati. The reason why I mention this is because this contest is actually stalling the coin from increasing in value. There are millions of dollars worth of bitcoin sitting on the buy and sell wall for Tron. These massive traders are constantly buying and selling TRON to themselves simply to increase the total amount of how much they have traded with the hopes of winning that car. This is preventing the price from rising at the moment and the reason why this is very important is because the contest ends Christmas day and at that point the walls will disappear and TRON may very well jump from 3 cents to 30 cents, in the same way VERGE did.
Tron recently announced a partnership with OBIKE who rents out bikes in Asia, Europe & Australia. With this partnership, TRON network will have 40 million users including 10 million in Piewo, 20 Million in Gifto / Up Live and 10 Million with OBike.
In the middle of December TRON jumped up by over 500% outperforming Bitcoin and the others. When Bitcoin fell, so did TRON, but I expect to see it go right back up.
- TRX aims to "heal the Internet" by constructing a worldwide free content entertainment system on the blockchain. The protocol allows users to freely publish, store and own data, enabling them to own the rights to their content and decide when, how, and at what cost to share it.
- TRX has already transcended Bitcoin and Ethereum to become the first smart contract blockchain protocol with over 10 million (m) wallet users in the world.
- TRX supports all kinds of virtual currencies, as the official currency of the platform, TRX will be used for the conversion and circulation of the entire world’s virtual currencies in TRX.
- TRX supports various kinds of blockchain networks and smart contract systems including Bitcoin, Ethereum, EOS, Qtum, and provides developers with multi-protocol infrastructure for entertainment app development and allows users to benefit from what it is described as “smooth” multi-protocol smart networks.