XVGUSD
Verge is looking like a big ol' beautiful cup'n handle It's generally not a good idea to take a position after such huge gains in the past week but I do still think Verge has room to grow. Hopefully your have already taken a position but if not I think it's a good buy with a spot-loss in the neighborhood of 700ish satoshis.
I'm still holding my baggie of XVG but will positively be saying goodbye with a hard close below my thin blue trend-line but hey that's just me if I'm wrong explain why.
Also not sure if this really counts for market hype or whatever but they did just release a new set off desktop wallets to replace the POS wallets that came before them... Doesn't really change anything for me just throwing that out there.
Here's the link if you wanna take a look
vergecurrency.com
cheers
XvG - RSI nearing 80, MACD crossing, Bull pennant breakout? Just bought it. Let's see how it goes.
Note: still a noob. This looks good though imo
Verge Trade Setup for 100% Short Term GainIf we get a bounce at 0.048 on the old highs of past minor swings, I'm considering a trade open at 0.048$ with a profit taking at 0.90$ I am relying on past trade swing prices and trend lines to make this theory. Time will tell, but as my past posts point out Verge is worth watching. In any case I believe Verge XVG is one to also hold long term as well as a good trade for speculative funds.
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All statements and expressions I offer are my opinions, and not meant as investment advice or solicitation. Information provided is not personal investment advice. Seek guidance from a professional investment advisor before trading or investing. Trading cryptocurrencies can be a potentially profitable opportunity for investors. You should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. I am not a registered investment advisor.
Wishing you success,
Isaac
XVG - a good pump?Bought back in right before the spike. I will let you know when I sell. Not going to get greedy
XVG - Bull PennantWaiting for XVG to break out either from the lower or higher pennant lines. Hopefully, it smashes through the higher lines for another good run!
Note: I am still a noob. Please let me know if I am doing this wrong!!
XVG - Overbought?I hope you guys bought back in before XVG started breaking through the upper trendline. The chart shows XVG is currently overbought and is retracting. Keep in mind, big news can still make the price spike regardless of the charts.
XVG - Overbought?XVG went the opposite direction once hitting the lower trendline. I hope you all bought back in before it smashed through the upper trendline! The charts show it has been overbought and should retract in price. Note: big news can make anything happen regardless of charts. Shorting 50% of my stack
Update, long term analysis XVGHello,
XVG has came to the bottom of his bullish channel and bounce nicely with some increase in the volume . Moreover the corrective periode might be over with the breaking of the flag.
Technically this might bring us in a new bullish impulsion (possibly trigged with the announcement on the 17th of april), XVG migh then heading to 2$.
Keep up and relax :)
important update on verge ( btc xvg price analysis)we can see the uptrend started in verge its increasing gradually with volume huge may see a pump perfect entry level 500-520 satoshi strong support
good luck