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Xvgshort

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
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by UnknownUnicorn2319099
Legendary XVG Short: UPDATE! - Still further yet to fall?Apologies on the late/no updates! I've been traveling out of state for the last week and will be doing so for another week. Sorta inconvenient timing as far as Legendary XVG Shorts are concerned ;) I scooped my whole bag up again at 364-366. I can sell now for a nice 4-7% gain, which I'm going to do. However, it could scooch just a bit higher (389-398), so i'll just be laddering out throughout the 80/90s. I personally see 322 still in the cards. Although it's a rather difficult read right now with BTC doing w/e it wants lol. We'll just have to wait and see! Cheers.
XShort
by jmC3PO
1
Legendary XVG Short: FLOOR UPDATE!? Are we done free-falling?!Whelp...It's been quite a ride this month & a half, with all of you. What a legendary go - One for the books, if I say so myself! I'm sorry I could not update at the floor today, as I was soft-banned for posting the discord link in the above thread. I posted that when I was on a premium trial account, and it is now against the rules as I am back to a free account. - I digress. My XVG bags were heaaavyyy this morning near the floor. It felt SO good hopping back into my beloved Verge. Flipped em all at 440 a bit ago. There is still a possible maybe potential for 450-453 to hit. Whoever caught the max range easily had 10% gains today. The best part? IT'S ABOUT TO HAPPEN AGAIN!!! TALKIN BOUT FREE BIG-GULP REFILLS!! This rising wedge targets 385, but I'm not sure if we'll get that low. We'll have to see. 410 fits more in line with a Wyckoff bottom - at least at this next touchdown. So, I've adjusted my hit-box slightly, as you can see. I will most definitely be picking up every bit that I can in the 420-385 range, again. Remember - it's all about those 1% quick gains, and you only need 4 sats with XVG right now. GOOD LUCK & GODSPEED!!! (I can't wait to type "xvglong" in the tags of my Verge updates.)
XShort
by jmC3PO
11
Updated Target for legendary XVG short: Bottom found? 1400+ inc?Hello! XVG is juuust about finished with it's 2 month long correction that came in the form of a beautiful falling wedge. However, we are not out of the woods just quite yet. I think we will be rejected in the purple circle. However, disregard this if we break above 560 - at least for your short-term consideration. For the more aggressive traders, 560-580 is close to a confirmed break out - but, 600 is bare minimum for me, as things stand rn. So, I believe we still have to see sub 400. As of right now, my target is 391. Why?! The gorgeous desc scallop that I originally started this trade with targets that. Good luck, #vergefam! #vergezoo Original call:
XShort
by jmC3PO
12
Sobering reality for all you $XVG Perma-bulls (still GREAT news)Remember: You heard it here first. When every single other person on TV was shouting ATH! RIGHT! NOW! Suffice to say, if this is truly the course, what a big chance for us to maximize our bags here before blastoff 2.0. As you can see, mid-Dec was a nearly identical formation that shot up after a desc scallop getting rejected at .382 leading to a 2nd baseline support touchdown. Now, look at our current setup. Desc scallop with a Stoch RSI capping/crossover, possible Ichi crossover & bbands turning in - all right as we are approaching .382, again. This is one reason why I believe we will get rejected at .382 (just like blast off 1.0 did too). However, we could still hit ~1k sats before that. Even a run to .5 or .618 would set up an even more bearish plummet to 2nd baseline touchdown, imo. Target of 399-571 , which would be a SUPER healthy touchdown before 18,000 sats and/or $1.50-$2 by August. I've already executed my sell & plan to go all in on target. Cheers! GL out there! $xvg #xvg #vergefam #verge
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by jmC3PO
57
XVG Cautionafter the recent announcement XVG has been trying to hold the 900-1000 mark however it appears to be losing this battle. we have what appears to be a descending triangle patter on the 15 chart. If we follow this pattern we should see a break in the bottom trend line (shown in blue). Using the red line as our marker that should place that break down at around 194 points (give or take). USE CAUTION with any upcoming trades here as there is no guarantee what way this coin will turn
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by olddb
6
XVG wait and earn! SHORTRecently we reviewed the XVG. The tool that shot at 170%. Lying prospects? Who did not manage to enter this trend movement now will have such an opportunity XVG rested in the zone of imbalance, while showing divergences on several mathematical oscillators. Teak volumes are falling, which indicates the weakening of the strength of bulls. It would seem that the rollback occurred before EMA 50 and rebounded, but the most important zone is level 0.0972, watch closely this zone! A rebound from this price down will only confirm the upcoming move down. Who on our advice has closed the floor of the position can put a stop order at the price of 0.0788 or close the position now XVG will try again to come and pierce the zone of imbalance, and the instrument itself promises a good profit, but do not take the risk, we leave at the stop and go back at the end of the correction, stability and statistics the main friends of the trader If you are excited, the oscillators RSI and CMO will correct the entry point, wait for oversold levels, are marked on the chart All profits, I recall, came a new version of the indicator of open interest for crypto currency!
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by fvb
14
XVG CLOSE 1/2 POSITION XVG began to move before the main market favorite, showing growth of more than 170%! Close half of the position, and for the rest, place a stop order! With a probability of more than 80% the tool will be adjusted and that's why! The instrument logically came to POC RESISTANCE, resting in the zone of imbalance CMO shows a bearish divergence, which indicates a forthcoming correction Teak volumes decrease Since the fast and average EMA is still higher than the slow one, closing only half the position, the remaining position is put at a price without loss, or by 0.0787, fixing the profit and waiting for correction. The closest support is EMA 50, the expected tool will come on the support line Do not forget that globally the XVG is heading to the top, and it's worth watching it closely and searching for entry points. It is also worthwhile to look closely at the favorite of the BTC market, in case of its correction or reversal, the market will follow it
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by fvb