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
XVGUSD
When Monthly Fires Green. (XVG)Clear trend from the first major bullrun as it hit green consistently and ever since then we have had red monthly close for 2 and half years!
With cryptocurrency alt coins you really want to utilize big timeframes like the weekly and up for major turning points.
For best multi year cycle placements you want to look at the monthly for a long term hold.
I am just waiting for this one to Crossover and fire green on the monthly for a long term hold placement.
Let this be an example that sometimes it's better to wait for the long market exhaustion points and trade less.
Especially with altcoins.
Have an awesome day! 😁
XVG/BTC (Bullish Pattern? Ready for Breakout?)XVG/BTC
-forming a bullish descending wedge
-buyers starting to enter the market today
-if the daily candle closes bullish
-and hold current levels for the next few days
-there is potentially a breakout of this pattern
-our mid resistance target is up to 60 sats
-key stop-loss should place under 34 sats
#XVG $XVG #VERGEFAM #VergeCurrency .0037 Incoming? #BTC #BitcoinSays BUY ;)
200SMA
VPVR
Not Financial Advice!
Good Luck Traders!
XVG/BTC a big uptrend moviment?Hello Traders,
We going to present you why we believe XVG may have a big uptrend moviment.
Now the price is at the buying zone,
From maximum to minimum the price has already droped 98%
We have a very big bullish divergences on RSI on wekkly charts
One of the bests risk reward from the market today
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VergeStock Symbol: XVGBTC
Verge to btc is sitting at a nice buy level.
Diversify and use 5% stoploss
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VergeThis one could be bottoming. Safe entry stoploss bottom break. Buy the up level breaks. Could be a big runner.
XVG/BTC (Double bottom?: up to 30% profit)XVG/BTC
XVG is may have found support at 35 sats area after showing some RSI divergence which signals an early bullish present on the market.
If this is the reversal bottom, our upside target is up to 50 sat and stop-loss would be below 34 sats.
XVG BTC - Descending wedge - Good level for BuyHello Friend
#XVG/BTC (Binance)
Buy Between 36-40 Sats
Sell Targets 44-48-54 - 58 Sats
Stop Loss Below 33 Sats
Buy With 3% Risk.
R\R = 1-2,7
This is just my opinion, and is not a call to action)
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XVG Classic Bullish Divergence and HangmanBullish divergence and hangman however wick legs are not extended below current price level which leaves room for uncertainty, bullish divergence is a reliable way to identify reversals, currently observing classic / hidden divergence success rates based on my previous analyses.
VERGE - NOT EVERYTHING IS LOST JUST YET - CryptoManiac101VERGE / USD TA
Here we are looking at 12H TA for Verge vs USD which does not look overly bearish or bullish just yet and is showing us that upward momentum is highly possible here if we see continuation on BTC charts to the upside in coming weeks.
Verge holder needs a break about main resistance zone to become a bull, anything under it still shows us that market makers are nowhere close to becoming bullish on ALTS such as VERGE.
XVGUSD down to $0.0022USD by May 2020much like the BTC chart the USD chart looks just as bad. its going to drop to 0.0022USD
XVG/BTC TA Update (Trend-line bounce?)XVG/BTC
XVG is on the verge of testing previous Low and upward trend-line of support if the price can hold this level in the coming days and break above 58 sats.
I can see a potential retest of swing High at 70 sats area. Bearish side if the daily candle closes below 50 sats that is a red flag to me.
XVG/BTC TA Update (Bull Market Started?)XVG/BTC
Verge closed the candle yesterday above 200 Day MA (bullish).
XVG is starting to make a new move to the upside now since the Bulls have control of the market structure already.
I see more growth to the upside in the coming days.