Trading Scenario XVG-USD (31 December 2017 - 4 May 2018)Note. This is not a real trade, this is just a trading scenario to show you, what would be the result of my Crypto Trading System, trading XVG-USD from 31 December 2017 to 4 May 2018, on the Daily Chart.
In this trading scenario, on 31 December 2017 we've got a Buy (Entry) signal from my Trading System and we opened the transaction with only 10% of our investment capital. Entry price $0.22
After that, Verge crashed about 92% !!! But, my Trading System is also designed to survive heavy crashes, so no panic!
For trading on the Daily Chart, we can use up to 7 times DCA-Buy (Dollar Cost Average). The lower the price, the more we will DCA-Buy.
On 4 January 2018 we've got the first DCA-Buy signal from my Trading System. DCA-Buy-1 price $0.16
On 18 January 2018 we've got the second DCA-Buy signal. DCA-Buy-2 price $0.11
On 7 February 2018 we've got the third DCA-Buy signal. DCA-Buy-3 price $0.05
On 19 March 2018 we've got the fourth DCA-Buy signal. DCA-Buy-4 price $0.03
After 4 DCA-Buy's, our Average Price is dropped from $0.22 to $0.07
On 4 May 2018 we've got the Sell (Close) signal from the Trading System and we closed the transaction with profit. Closing price $0.08
PROFIT: 22.46%
About my Crypto Trading System. My Trading System is only suitable for patient traders, who wants to realize profits for the long term and to let the invested capital grow considerably and solidly. So if necessary, sometimes we need to wait days, weeks, months or even years to open/close a successful profitable transaction. The trading is on the daily chart of trading pair BTC/USD. On the weekly chart of trading pair ETH/USD. And on the monthly chart of trading pair LTC/USD. With patience waiting for the best Buy/Sell signals. My goal, making a nice profit percentage at the end of each year, for a solid long term growth of the invested capital.
I wish all of you, the best trades, and very green profits!
Peace and Love
Global Crypto Trader
-----------------------
DISCLAIMER
I'm not a certified financial planner/advisor nor a certified financial analyst nor an economist. I'm not a finance professional through formal education. Trading is just one of my hobbies! The trading signal of my Crypto Trading System is not a financial advice, there is no guarantee that you will make profit from my Trading Signals. Crypto trading is very risky, so don’t trade with money you can’t afford to lose.
XVGUSD
XVGUSD bullish movements 4HR
After xvg makes a fake breakout we break through the daily resistance at 0.73$
you can see how accurate the wick touches the 0.78$ zone there the buyers coming in
and push the markets higher
We can possible hit the weekly resistance at 0.91$ thats by the way the 23.6% Fibonacci level (based on the Daily)
VERGE XVG - Whats next ?Resistance isnt that strong atm. I expect it to rise much more before the big correction. HODL your verge! :)
Full Fledge Inverted Head & Shoulders...This is your classic Inverted H&S, now in the final shoulder stage. Extremely Bullish!!
Verge will recoverVerge will rise, strong bounce off 650 level, we know this one is quick. Risky trade however, might want stop loss.
That's if the btc manipulators don't dump btc and bring the entire market down with it.
Verge: head & shouldersVerge has formed a head and shoulders pattern, a breakout will happend when the green neckline is broken.
We have double confluence all the way up. XVG CHART PORNJust THE BEST R VS R setup.... in the 3rd wave of a macro doesn't get any better
VERGE (XVG) possible huge breakout!Verge is so hyped right now. These price "pumps" are huge, is this due pump and dumps? Volume says maybe, TA says no.
We can clearly see it happened after the candles created a nice pattern, due to a legit breakout.
Soo, what are we looking for? I'ts easy
Watch the blue line, if it breaks trough and settles above it, buy in. But, the candle MUST close above the blue line.
TAME CRAZY HORSE VERGEVerge is like a crazy horse.
You can try to ride it, but if you get trapped you can break your back.
Now I will try to tame Verge in the easiest way. Actually Verge is moving in this ascending broadening Wedge (it could be a channel, but is not so important now).
With the last candel attempted to break an important resistence. This resistance was still broken between the 9 and 16 April, but it was not supportive. Now Verge broke again this resistence and it seems to find support on it. RSI shows place for buy.
I see the dotted line as the target for the next days/weeks.
BIO
XVG preparing for takeoff? Or impending doom?!Everybody loves XVG, its the crypto nearly every beginner starts of with, and this is clearly visible using the fibonacci retracements.
Verge is near it's support line, and if it is going to behave like classic XVG behaves, you need to watch the volume oscillator. When the volume increases, the XVG FOMO starts kicking in, like it has happened at least 10 times. So, how are we going to trade verge?
First of all, when verge hits the support line, watch the volume. If the volume suddenly starts increasing, buy in because the verge FOMO pump is picking up. Don't forget to take a lot of profit at fibonacci retracement levels, XVG is known to drop like a brick once it has touched a fib retracement.
Sell levels:
0.08 (if you buy in now)
0.094 (.618 fib retracement)
more coming soon after touching these levels.
When do you buy in?
Well, you could buy in right now. But if you're looking for more confirmation because you want to play it safe, wait for a volume breakout.
Follow and like this TA for updates regarding buy in, sell and other XVG related news. You're an adopter, you deserve this.
Verge BuyVerge carving out Beautiful Inverse H and S..... It is Very safe to buy IMO..... Double confluence zone at the 1 for 1 and Inverse head and shoulder target
#XVG #VERGE Indecision complete, Rally IncomingThis may be an early call. TS/KS of Ichimoku have crossed signaling a downward movement, but I see that we are beginning some upward movement from the bottom, with the Ichimoku cloud below us giving us support. Since we have recently crossed the daily Ichimoku cloud, we're on track to see some rallies incoming as Bitcoin and ETH begin to move up drastically. This will charge the alts like XVG and boost their growth, leading to lots of FOMO rallies.
MACD also appears to show an incoming crossing, leading us to another TS/KS crossing which will project us upward.
I'm not a huge fan of Verge, but I feel it has great potential and it's one to keep an eye on. I'm not holding it at the moment, but considering it as the price is very low and it's easy to own a few thousand tokens and if those tokens can hit $1 or more someday, maybe 2 years from now, it would be a great ROI.
