XVG/BTC BinanceSo we are finishing up on the B wave of the ABC correction. Hopefully we will get a healthy retracement of a C wave and not a complete 100% retracement.
XVGBTC trade ideas
XVGBTC possible trend? XVGBTC possible trend?
2 scenario might play out. the pink one is more likely to happen.
if the pink playes out, the dotted arrow is an extended possiblity.
Verge - XVG - Weekend/Next Week Trade Execution PredictionI have no idea what I'm doing. I can't emphasize that enough. Please, let me know how wrong I am.
I'm guessing that we'll have a parabolic fomofest (up to 1850sats) up until news selling on 16th/17th. Verge dev did say they had a special surprise on Monday, the 16th - one day before highly anticipated partnership announcement on Tuesday, the 17th.
This will entice news-sellers to pull the trigger even harder, while also providing them the fodder for their 1-2 day slay by hyping everyone up. I'm guessing this will slam back down to sub 1000sats supports (600-850sats maybe?)
More meta-parabololianess will resume as we head to new ATH (3000sats) sometime in April or early May.
Total long-shot: $11 by August.
Hate me.
:D
XVG bullish but still within downward channelVerge just got a big spike up but got rejected at the top edge of the downward channel.
Will it drop back down for buy ins before the announcement or will it break out of the downward channel and resume bullishness all the way throughout the announcement?
"NOT a financial advisor, seriousness reduces life. Make sure you feel blessed when waking up, millions of people died during their last night sleep."
XVG correctionShort B wave position opening. High risk. (Unless other people are correct and its the start of the 5th wave. However it looks like A has 5 sub-waves which would indicate a correction.) Time will tell as always.
We need to break out this channel!This might be wave 3 elliot, or maybe the 5th wave of the lower degree.
Either way daily rsi is almost reset, and this is a clear bull flag, we're itching to break out of!
Something like that??Guys let me tell you a coin which have to explode in couple of days :)
Only real value coin for me :)
Buy that and enjoy..
HER name is #AMP Really bullish sign on graph Hopefully triple Bottom :)
Idea is attached here go check that and enjoy :)
#BAYOR
XVG droppin till announcementXVG keeps droppin within downward channel until announcement April 17th, potential buy order around 960/950 sats?
"NOT a financial advisor, seriousness reduces life. Make sure you feel blessed when waking up, millions of people died during their last night sleep."
Verge: This seems to be the road .....It appears as if Verge is in a descending wedge on its way to 0.00000900 before it will most probably start leg 1 on the road to higher heights ....
No financial advise .... educational purposes only
CAUTION XVG WEDGEHUUUGE SWINGS to be made!!! Not financial advice as always… We are in a clear downward wedge pattern for VERGE right now. This is due to the FUD and of course the buy the rumors sell the news mentality. Lots or people are hedging out with the guaranteed profits vs. long game. Do what’s best for YOU!! The only way I see this downtrend stopping will be with an amazing partnership tomorrow. If Its Tokenpay, ledger I think we could see a sharp drop in price. Im not sure the Indian Flipkart will be enough either but who knows (Walmart and amazon do want to buy them so it could be good.
Short term watch the double down candles and look for the TTM to crosss from purple to blue (at least 2 candles then consider a buy in for gains. This requires time to actively watch and is not a buy and sleep tactic. It also is a great time to ensure you USE STOP LOSS tools lol
Blue shows previous channel projections.
Orange marks current wedge
Red and pink are marked resistance levels currently
In order to exit this channel we need a push above the top orange line for a breakout. If you look into the wedge you will see continued drops followed by 100-150 pt jumps. That is the things you should be watching for to swing trade this.
I personally split my investment on this coin and took about a 40% gains now approach (a few days ago) and am holding others watch for growth. Good Luck everyone!!!
Descending triangle formed. Dangerous time for XVGI think XVG is at a tipping point yet again. A descending triangle has formed which is likely to fall down to previous support. The only thing that can break this and return it to an upward trend is the pending news on the 17th.... Good potential buy in point if it walls down to the next level of support. If the "news" is not as good as expected I expect this will be devastating for VERGE
FUD OR NO FUD VERGE WILL GET TO ITS TARGET(50-100% POTENTIAL)TRADE IDEA
Accumulate from 0.00001097-0.00001070
Stop Loss: 0.00000980
Sell Targets: 0.00001150 || 0.00001235 || 0.00001330 || 0.00001420
Verge Looking Bearish.Hey, I am back with another Idea.
This time looking again at Verge.
Verge had great run up in past month, there was some hype from the creators of XVG so even that helped but the news is coming out 17. April and as you may know there is a rule "Buy the Hype, Sell the News".
Indicators
MACD shows less and less buyers, blue line will cross signal line - Bearish.
RSI looks great actually bullish on daily but on 4h, 1h, 30 min is just way low, bouncing down from the 50 RSI.
Again, this is just an Idea with my point of view.
For now, thats all.
If this chart gets some attention, I will update, Thanks!
Verge Hidden Bullish DivergenceAfter some serious bearish divergence, we are now seeing hidden bullish divergence as suggested by the price making higher lows, and the rsi making lower lows. We are also oversold on the stocahstic rsi. Should see some upward movement here, at least until the partnership verge is revealing on the 17th is released, no telling what could happen then.
XVGBTCHoping for a bounce here on the trend line to head up and retest around 1600 sats and to complete wave 5 of elliot wave. Would make sense leading up the announcement on the 17th if there is more build up to complete the wave and then the abc correction after the news is announced....unless it is some amazing news. then all bets are off.
XVG -A better idea: Mr. Elliott and the Ghost of Christmas PastI wanted to update my last XVG analysis with a more thorough idea and a closer look.
The fib levels from the last rally of 2017 have held up pretty well, and have acted as somewhat reliable horizontal support / resistance for Verge.
With that out of the way, I see 3 scenarios that can be played out.
Before I get into them, I want to clarify that I have never held Verge, and haven't looked very far into the coin's fundamentals.
So this analysis is based purely on what I see on the charts, and the hype over a "mysterious partnership" which they are set to reveal on April 17th.
The first scenario (light purple): Megabull!
If you look at the first few waves of the last bull run, they actually look really similar to what we have now. It spanned 3 fib levels, and as of right now this rally has also spanned 3 fib levels. Last time after a brief consolidation (where we are now), Verge defied gravity and had a really big wave. I don't think it's very likely, but with the supposedly good news why can't history repeat itself?
The second scenario (orange): Modest profits ahead
In this scenario, Verge has a little fuel left. If price manages to break above overhead resistance, I could see it easily making its way to the next resistance level . Every upmove so far has been steep, so I would at least expect a double top to form before serious correction can occur.
The third scenario (red): We reached the top for now
This is what my gut tells me is going to happen. Verge will attempt to retest the resistance, but will not be able to close above it, or even reach it. After this, a correction can take form. It would be wise to watch the support levels in blue and see how price reacts to them. If XVG bounces hard and begins breaking resistance again, that's a good sign. If the bounce is modest, or worse, there isn't one, you might want to exit for the time being.
The last scenario (red): You're a sucker!!
I hope no one will get burned here, but there is always the possibility that this was a pump based on unwarranted hype. If this is the case, we should eventually see a hard break of support. Do not even expect a double top to form if that happens. Volume may drop, price may range sideways, and then violent selloff could ensue. This is one of the reasons to set Stop Losses a percent or two below strong support levels. Look for a bullish engulfing candle to determine when adequate support is reached. Practice risk management and don't let yourself get duped too easily!
Alright, there goes. I know a lot of people really like to follow this coin.
Happy trading! :)
***Trade at your own risk, this is a volatile market, with the future unknown***
XVG Verge imminent move!On April 6th 2018 on twitter I tweeted that the bull market was starting to show signs that the bulls were starting to walk faster and I mentioned to look at XVG and OMG as indications. XVG has moved up on the Daily chart and has broken out of it's trading range from the last few months. It broke out and now is retesting that breakout. With the announcement coming on April 17th we could see fireworks providing the partnership is as big as Verge devs say it is. The negativity in the crypto universe is a huge plus for extreme price movements to the upside. This is probably the most polarized crypto I have seen since BCH/BC forks. We are long into this announcement and look for December highs to be hit and this could also turn into a runaway move to the upside.
Verge: Which road to higher heights?Verge: Higher it will go ... but which road will it takes?
No financial advise
Educational purposes only
XVG before the news !the last triangle was messed up by the sudden BTC spsike, we have formed a new one, and looks like we breaking through.
