XVG/BTC TA UpdateXVG/BTC
Verge went up to 55% last Nov 15 breaking above down-line resistance and Daily 50/100 MAs.
It has been consolidating now for 17 days just above the previous resistance acting as new support.
If Verge can hold this for another week, there is highly probable to the upside may develop again.
XVGUSD
XVGBTC Is Pornhub coin a buy?Huge retracement, large profits may be made from this stablecoin. Longs always win.
XVG - Verge Looks Ready for Round 2!Since Verge's spike less 2 weeks ago, the price has had a healthy correction finding support at 50sat which has held up well. I think the price is ready to take off from here. I'm loading up and have my eyes set to sell on or above .0000009.
**Be mindful of Bitcoin during this trade. It has had a nice rebound since the $6500 low, but it is still in a bearish downtrend and it has the potential to spoil the gains of this trade. If you see BTC and the market turning bearish, don't be afraid to take your profit off the table.
XVG/BTC (Up to 101% Profit Target)XVG/BTC
XVG broke above this reversal Descending Triangle pattern coming from a downtrend market. Made new Higher High and Higher
Low after hitting 4x support bottom to trigger a strong bullish candle. Market structure is now broken and priority is to the upside.
Trade setup
Buy area: 49 Sats - 44 Sats
Sell target: 65 Sats - 90 Sats
Stop loss: 36 Sats
Don't forget to click on the thumbs up button
Follow my channel for future Altcoins TA updates
www.tradingview.com
Join Free Trading Community Chat Group
t.me
Trading is simple, don't over complicate things :)
XVG BTC LONG WEEKLY POSITIVE RSI DIVERGENCEI have not monitoring XVG BTC for a long time and today I noticed that XVGBTC has a positive RSI divergence on weekly chart as well as daily one. It should gives us a big green candle. Below the black line (daily close) is my SL. You can buy it now or after it breaks out the red line (Weekly Resistance)
Wish you the best...
VERGE - Very Low Volatility on Strong Support, Load Up Here!This is a great entry point in my opinion for XVG. Looking at the daily chart, we can see the price has remained above a historical support area for the last 4 months. This is likely an indication that the price has bottomed and will go up from here. In addition to the price finding support, the volatility has been extremely low. Low volatility often begets high volatility. This is key as it approaches the upper resistance boundary of its falling wedge. The price will be forced to move up through resistance or down through support. XVG is one of the few alts that has made any moves upwards. When I add up all the facts 1) Price has been propped up by strong support for 4 months 2) Extremely low volatility 3) Nice rounded bottom 4) Price is being forced to move up or down - I have a feeling that XVG may have a very strong bull run soon. I am buying here and can set my SL just below support. The risk reward ratio is huge to the upside.
XVG - WILL IT EVER RISE AGAIN? - CryptoManiac101XVG / USD TA
What happened to Verge? Will it ever rise again or did we call it quits on trading it?
From looking at this long term 5D TA we see that we are currently following a massive downward channel which actually produced a bear flag already and we are on the second wave down. Strictly looking at historical movement and this one pattern we are working with, it would be easy to conclude that this year Verge will not see revival of any significance as we still haven't even touched our liquidity zone.
If you're a bull, you're probably seeing that we are scraping the channel resistance and are anticipating a major breakout, which, YES, can happen according to prior chaotic movements we saw Verge do.
Conclusion...
If you're looking to enter, I'd caution you to use only around 5% of your total portfolio depending on how big it is. If you're looking at a high risk trade, this is also a good place to start with a small investment.
Regardless of the pattern, let's not forget that we did see nearly 4 Million percent profits in 2017.
If you've been holding and are wondering if it's time to sell, I'd say wait at this point, since we are at what's called a decision point which might take a month or two longer but might end up being worth it.
This is not a financial advice, nor am I your advisor. Invest only what you're willing to straight up loose.
On the #Verge of a TA idea? #XVG #XVG #VergeCurrencyWhat do you see?
What do you think?
Inquiring minds want to know.
$XVG - Verge - Shitcoins Pump the Hardest!Over a year's worth of price action coming to a crunch. I'm expecting a break out, especially with the recent Verge partnership with Manny Pacquiao's foundation.
My private custom indicator has given the green light for a spot entry. How will this play out? I'm in from 36-37 and have been waiting for this. We're getting close to price crunch.
Eyes on $XVG!!
My private custom indicator has given a double green entry here on both accumulation and momentum on the 4hr also.
Fibs would make ideal targets initially. I'm expecting a possible 40-100%++ move out of this.|
**TRADE AT YOUR OWN RISK**
[Heads Up] XVG Trying to Breaks Out of Downward TrendBITTREX:XVGUSDT trying to break out of its long term downward trend. We can see that the is RSI Reversing. Also, we had hit the bottom & recovered with a lot of volume last week.
It had already tried once & failed to capitalize earlier. But what do you guys think? Is this the start of a new rally?
XVG Bullrun ComingIt seems like alt-coin season is here. If 2017 repeats itself, that means alt-coins will breakout with bitcoin. We can see some fundamentals for Verge:
RSI has been steadily rising since July.
MACD is bullish, moving upward.
High volume Sept 17th-19th
Disclaimer: Cryptocurrency market is notoriously unstable and are easily influenced by external events. This is no guarantee that Verge will breakout. This analysis is based on past events and indicators.
XVGUSD forming a bullish Shark | Upto 18% expectedPriceline of Verge / US Dollar is forming the Shark pattern and soon it will be entered in potential reversal zone to hit the sell target zone insha Allah.
Volume profile of complete pattern is showing less interest of traders at PRZ area.
Stochastic has given bear cross.
MACD is turning weak bullish from strong bullish.
This potential reversal zone can be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00408210 to 0.00392631
Sell between: 0.00428147 to 0.00465714
Regards,
Atif Akbar (moon333)
$XVG #VergeCurrency - Fib Time Zones and Time Cycles for $XVGUSDQuestions for you expert chartistas:
1. Does it appear XVGUSD breathes on a 224 day cycle? The 2018 bear market completing a supercycle of sorts consisting of three 224 day cycles. Interestingly, the same goes for the genesis of XVG on Bittrex up until the end of the bull market.
2. I played with the Fib Time Zones so that there is some kind of correlation with the 224 day cycles, with the genesis of XVGUSD (on Bittrex) starting at Fib Time Zone (2).
The interesting observation here is where it lands at Fib Time Zone (8) - at the end of the bear market supercycle. Now look at the repeating fractal patterns.
I have goosebumps. Do you?
On the verge of collapse.Xvg is looking very rough.
Will it shed another 50%+?
Drop a comment below, let's talk about it.
VERGE - A LOOK AT WHAT IT HOLDS FOR THE FUTURE - CryptoManiac101XVG / USD TA
Here we are finally taking a quick look at VERGE with USD pair. Instantly we see that we are following downward channel ones again. It's actually not a bad sign as if we take a look at historical movement, we will see that nearly 100% of the times, Verge produced a mini pump with a strong breakout right around this area.
To add to the excitement of an exhausted XVG holder, we are also tracking just around one of our strong support zones. What does that mean? That means that this area of 0.0044 and secondary support of 0.0015 hold the highest chances of a strong bounce as they have previously been tested as demand zones.
Quick Q and A!
Do I currently hold Verge?
No
Would I buy Verge at current price?
Yes, with tight stop loss. Entering into XVG at current price is low risk since the risk would be just around 2% as we are near strong support line.
What are the chance of Verge dropping towards the second support line?
If we break current support then I'd say over 60% chance we fall towards secondary demand zone.
Would you hold 100% of your portfolio in XVG?
Never, I usually recommend around 5% portfolio allocation towards higher risk crypto assets. This is one of them.
$XVG Round Two!Acquire 53-56
Targets:
Pivots: 63 > 73 > 84
Fibs: 57 > 61 > 62 > 65 > 68 > 76 > 80
Weekly Resistance: 58 > 61
3D Resistance: 67 - 71
Daily Kumo Resistance: 80
Daily 100MA: 79
8HR 200MA: 59
Stop loss ~ Where you see fit. have your own risk management strategy.