XVGUSD
Verge (XVG) +4090% to $8.25 in 13 daysIt's difficult to share this post, as the gains are very high. Please take it with a grain of salt. I am only showing you what the charts show me. I personally lost faith in XVG when the WRAITH PROTOCOL delivery date was missed for the third time. However, keep in mind that the build up to this point is what will make or break this coin.
The interesting part is that we've already touched on the 61% fib retracement line, meaning the correction is complete. Things have just been consolidating and forming a very large bullish flag, or maybe a very tight and extended pennant.
I'll post some immediate updates to show zoomed in versions of this analysis. See below.
Verge: Possible Wedge FormationVerge hit my target on my previous post and is now reversing back into previous support level. There are 2 support levels that are indicated as a red line on the chart. I am expecting a bounce off of either one. Both will be used as an entry. I am currently expecting a wedge formation to form. This will indicate further bullish movements. What are your thoughts?
Trade with care.
$XVG VergeThe FUD storm has died down. The price has held solid support around 1000sat range +/- 200-400 swings
Wraith Protocol was released with 4.0 within 2017, just not the timezone they twitted.
Everyone can see the developers working on verge 4.0.1 daily on travis CI
The pattern is similar to early December 2017
But things could stay sideways until updates are made and tech is put to the test.
This is not financial advice. Do your own research.
XVG Projected Movements and Potentially Triple GainsXVG's new moment patterns are outlined in the chart above. As you can see we haven't gone past the 0.786 fib retracement as of yet which means there is still potential growth. Most cryptos extend themselves 1/3rd into the 1.618 range which means we could be seeing potential highs of 3000 sat if xvg breaks free from the triangle depicted. Either way we can still get some gains off of xvg by buying now and waiting till it touches the top of the triangle as it is still following the upward green support trend leaving us at 1450. If you take note of the vertical fib sequence lines in black labeled 0 1 2 3 5 8 you will see that we are approaching the 5th increment leaving a possibility of an early breakout situation if the volumes support it. If not then we should see a bounce down to the support trend again then it should challenge the triangle's boundaries (another possible breakout situation). I will be selling if it dips below the green support trend as xvg is known to be disappointing at times. If this happens then we should be seeing horizontal movement out of the triangle cone as depicted in the chart.
xvg breakoutxvg volume has been low and volitility has been stable. looking for a break. RSI is holding good. Need a whale to pump it. Where are the guys with XVG lambos?
$xvgbtc long until new resistancexvg has obviously bottomed out
go long either at the 61 fib or now and ride until last resistance or leave it be
peace
New Trend Analysis BULLISH for $XVG - Don't Miss an opportunityThe Triangle is ending and the current chart pattern indicates BULLISH - Either buy now or wait once it breaks-out the triangle around 17500 (1200 Satoshi). I am currently we BULLISH on this coin and HODL. I did buyin yesterday at around 1680 Eth and my target price is around 4400 Eth within couple of days.
XVG breaking out againXVG is still very bullish and today is breaking out
You can still join the ride
Trade Responsible
XVG/USD Pennant Chart pattern XVG try to break the Pennant triangle . we will face a resistance at 0.22 USD and after that we are ready for the next move
XVG/
Enjoy and Good Luck
Buy on pullback IF it breaks and stalling at 0.2$Buy on pullback IF it breaks and stalling at 0.2$
Target and stop loss are shown on the chart.
XVGUSD H4 Triangleits the only one crypto on which i have invested ,Very soon it gonna breakout and reach around 0.5 Cent.
If you find this analysis useful then like and comment :)
XVG Will Trend UpwardsXVG value in fiat has increased, indicating current trend in consolidation has taken hold. The next dip in BTC will see XVG push upwards.
XVG Upward TrendStrong RSI combined with a growing trend - likely to continue if price stays within green. RSI squeezing could be cause for a lunar landing.
XVG regression recoveryRecovered nicely from the large dip. Upward trend could continue if green support line is satisfied. Strong support at .15
XVG 200% profit potential! Lets wait..Potential breakout here, still in consolidation. Beautiful symmetrical triangle formed, two strong green candles will start the breakout.
RSI strength needs to increase also needs some more upwards volume, be patient and hold.
Keep an eye out for bullish indicators and lets trade!
Potential 200-300% profit.
Verge update XVGVERGE had some consolidation on verge,
You can take long positions or scal in the trading channel.
the moment the lower trendline get broken, for instance when you see at least a 15 and 30 minute candle closing outside the channel. you can assume the consolidation broke downwards.
Secondly take into account in case of a major spike downward, the market usually trades back upwards towards the trendline to test and confirm the outbreak. You ll see bars trading against the lower side of the trendline on smaller timeframes ( 5 . 10 and 15 min) before downward resumption.
verge is a pump and dump. if you cant handle the stress, lower your positions on it until the level you feel comfortable to avoid panic selling.
I m currently holding only a small portion in verge, moved to KIN, Ripple larger size, LTC and BTC partially,
Actions that can be taken:
Buy the touches of the lowest trendline of the channel.
Sell at the top of the Trendline or hold 50% in the event of a break upwards and continuation of the uptrend.
Trade safe
