xvg price analysis (verger pottentially breakout)hey guys
we can see yesterday verger breakout from falling wedge and after some raising now its little bit started dumping no worries that black trend line will act as a strong support for xvg you can put buy orders around 630-700 sat good buying zone
target should be 1033 sats first target high resistance area 0.5 fibbo level
good luck
stay bless.
XVGUSD
XVG - Decending TriangeThis looks good on both MACRO and MICRO levels - One big triangle leading into a smaller one.
Since XVG has fallen out the temporary up trend channel - we will likely see another down turn along with BTC - I would be in the side lines for now.
This is by no means investment advice of any kind.
GMTK
On the VERGE of breakout!!Verge has had some great double digit the past couple of days but I don't think we're quite done yet.
I believe our overall downtrend has started to break upwards and if we're able to break resistance at 820 satoshis and again at 1000 satoshis we surely will see some significant liftoff!
UPWARD MOMENTUM INDICATIONS
Volume is slowly but surely starting to flow back into this little privacy coin
Recent MACD crossover and lines are starting to separate
RSI says we aren't oversold yet!
VERGE POTENTIAL TARGETS
1400
2060
2500
Signs are looking good for XVG but I do believe a lot of this trade is going to come down to weather or not Bitcoin is going to play nicely.
Sideways or upward movement from Bitcoin is ideal for this trade; I can't picture Verge having a massive breakout while Bitcoin is going down but hey that's just me. Lastly, not sure if this matters/ makes a difference or not but this breakout is starting to look just like the first breakout, even at the same satoshi levels. Just something I noticed.
Verge forming nice long Falling Vedge patternHi guys,
i thing XVG is going to 0,5$ in the beginning of April. But first we'l see some more of a falling Ve-(r)(d)ge! :D
Let's wait and see.. :)
Happy Trading!
XVG - Its not a clear pictureThis is not a clear indiaction of behavious - Looks to have created a trap and needs to make a decision...
I am bullish but RN have a trouble with its direction - This mornings Vol. was exciting but quickly seemed to dwindle. XVG requires a strong and decisive break from this formation in order to really start a run.
Looking forward to this.
This is by no means investment advice of any kind.
GMTK
XVG - Not so clear? PT IIWE have a channel that is intact - a bounce off the support line - another wedge forming - can confirm the uptrend? - NO.
Vol/Break out of the wedge formation are the significant signals RN.
This is by no means investment advice of any kind.
GMTK
Verge Buy on a Breakout ApproachVerge corrected down by 88% since it reached the all-time high at $0.292, and has found the bottom at $0.034. The RSI oscillator formed a bullish divergence suggesting the reversal of the trend.
However, a strong resistance is based near $0.07 area and the break above is required in order for XVG/USD to grow further. If/when Verge will break and close above this resistance the next potential upside target would be at 38.2% Fibonacci retracement level, that is $0.13 area.
$0.13 resistance, should provide a key clue as to the further Verge price development and if broken, the long-term uptrend should be the case.
In any case, let's not forget that first, $0.07 resistance must be broken, and if rejected, the price could move back down to the $0.034 support and even lower.
XVG 40 WEEK MA FLAGVerge has never closed below the 40 week moving average. bull flag has been unfurled. likely next leg up will be with considerable thrust.
XVG looking good in the long, meh in the short...Triangle magic. XVG has broken support of the symmetrical blue triangle. will most likely retrace to the green support line of the bigger triangle, where it will continue until breaking through red resistance point.
See yellow arrows of previous and possible future trends.
XVG WEEKLY CHANNELlikely the end of a thorough correction. 4 long red candles. now price action is above the EMA which is looking like support. green candle perched above the MA is a great place to be as long we close out the week above the MA!
XVG CONSIDERABLE CHANNEL UPSIDEdepending on the length of the sideways action, the upside has a considerable altitude.
could break out today, or it could break out in a few weeks.
Verge XVG Watch - Upward ChannelWatching Verge (XVG) and it is staying within it's slightly upwards channel. Hopefully will get more impulsive and above the moving average line and break then upwards out of this channel... We shall see. Made a couple top against support, so that is good. With little data, hard to say. We continue to monitor Verge, with a HODL approach.
XVG - Lets Do it again! Verge on the VERGEHello My beloved Trading Maniacs.
My previous call on verge was spot on, can I do it again?? As you can see in the image above, fractals are forming and tickling the sleeping alligater. Since trading crypto's is a world of chaos, we see this human made pattern, all the time. Dr. Williams, you are a genius.
All of this will happen on a short timespan, as bitcoin is going to the man made resistance of the downtrend channel. I've made some updates you can watch below. After this last 5th wave of minor wave 1, we will see a retrace (highly likely), wave 1 can extend, but not tend to do that often.
We could see a truncated fifth, wich means wave 5 will not extend wave 3.
Place fibonacci levels and use trailing stop loss to maximize gains and profit. Buy on the retrace for even more gains!
Happy Trading and great wealth to you.
Verge broke through key resistanceWe have breached a key resistance line. I will watch this and see if it holds. It provides good support for a move up to line 1.
I will use line 3 or 4 for stop according to price action.
Remember this is an unusual weekend with Chinese new year holiday and Presidents Day holiday in USA ,18 Jan
XVG / USDT Outbreak and Elliot Wave - Dramatic ReversalHello Fellow Trading Maniacs!
Xvg is going to Break out by a subminuette 3 wave as seen on the chart. We could also see a small retrace from that wave before we start our new bull run today! A nice Ending Diagonal Triangle like we have seen in almost any crypto chart the past days wich indicates a dramatic reversal. When this minor wave 1 finished we could see VERGE retrace to 78% before wave 3 starts. Good target for XVG is .24$. I update this chart so you could consider following me :) I will also make a video on xvg soon
Happy Trading and lets make some monies
On your own risk
Verge vs Dollarwhat i see...a return to 25 cents but over much longer time table.
also dependent on price of btc...but i think BTC going to retrace for a quick minute or week :)
once price of btc corrects and begins next impulse set of waves, we should see the rest of the markets recover at which point we can see the return to 25c XVG
XVG MOONAGEXVG had a massive pump yesterday with the hard fork news.
I believe there are still a ton of gains to be made.
Targets:
1131
1265
1597
XVG FULL MOONI think the BINANCE:XVGBTC bull run we have all been waiting for is very close....
Targets
1272
1939
2573