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XVGUSD

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
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by FerdiHodler
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.
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by JaimeKing
7
#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.
XLong
by Tin.Foil
4
Verge (XVG) Bounces off support (17% Breakout Potential)Hey everyone, as you guys know, the last XVG trade hit my sell stop at 743 and I ended up selling all of it around there. I was still keeping an eye out for XVG, and we now have another opportunity for it to break to the upside. Trade Signals: -XVG forming what appears to be an ascending triangle, since it appeared to touch the horizontal line twice on the 30-minute chart. -RSI holding around 40, sign of bullishness for XVG -Reached 640 and quickly bounced back up, meaning we still have traders waiting on the sidelines to buy XVG back up. -It is still altcoin season, so the triangle has a good chance of breaking up How to trade If BTC price increases or is stable, this trade can be entered. Buy in: Around 740-760 satoshis (Riskier) During the breakout, around 770-800 satoshi's (safer) Sell points: 840-850 satoshis 890-900 satoshis (entry+vertical length of the triangle) Stop loss (If you decide to use one) - 640-650 satoshis *I recommend setting a stop loss because XVG is a fast mover. A stop loss can free up your bitcoins for buying the market dips so when the market recovers, you end up with more BTC than if you held the coin. That is only the case if the entire market drops, which is pretty much what happens right now since we lack fiat to altcoin pairs. Thanks for reading. Good luck on this trade! If you have any concerns or comments, please leave them in the description. It's one way I get better.
Long
by HD1184K