Xvgethereum
Verge Testing Breakout! (XVG)We covered this one not too long ago on the monthly chart.
It is still red but we will see how this months candle will close with the Crossover strategy as it's been bleeding red for over 2.5 years!
It's definitely been a major correction and due for a major bull cycle.
We now have the weekly pulled up trying to find early confirmation of a major trend reversal.
Xvg is testing the current Resistance level on the current channel for the breakout.
We now want to zoom in and buy the next breakout for a long term position.
If monthly can close green and breakout, we should be solid!
🥇MLT | PRO TRADERS
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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00002350 to 0.00001920). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00002350)
Ending of entry zone (0.00001920)
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= @ 0.00003000
TP2= @ 0.00003500
TP3= @ 0.00004235
TP4= @ 0.00005080
TP5= @ 0.00005850
TP6= @ 0.00007160
TP7= @ 0.00008460
TP8= @ 0.00012690
TP9= Free
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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00002350 to 0.00001920). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00002350)
Ending of entry zone (0.00001920)
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= @ 0.00003000
TP2= @ 0.00003500
TP3= @ 0.00004235
TP4= @ 0.00005080
TP5= @ 0.00005850
TP6= @ 0.00007160
TP7= @ 0.00008460
TP8= @ 0.00012690
TP9= 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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00004800 to 0.00004400). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00004800)
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= @ 0.0000535
TP2= @ 0.0000590
TP3= @ 0.0000618
TP4= @ 0.0000720
TP5= @ 0.0000824
TP6= @ 0.0000929
TP7= @ 0.0001269
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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00004800 to 0.00004400). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00004800)
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= @ 0.0000535
TP2= @ 0.0000590
TP3= @ 0.0000618
TP4= @ 0.0000720
TP5= @ 0.0000824
TP6= @ 0.0000929
TP7= @ 0.0001269
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 52.
. 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 (0.00004900 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
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
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
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
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