XVGBTC trade ideas
Verge Testing Very Important Key Support Against BTCPrice is trading just above the key support against the BTC. Look for a breakout to the downside or a rebound to the key resistance as seen in the chart.
XVG/BTC Ready to make a moveIf it breaks above the current wedge and closes, could be a nice little 10-20% trade.
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.
This is my personal belief for the next XVG/BTC movementThis is my personal belief for the next XVG/BTC movement
#XVG is a buy#XVG is bullish and ready to make a nice ride. Yesterday XVG hit the monthly support and bounced hard. It then rose up a bit before hitting the descending resistance line and falling back down. I expect XVG to break out of the triangle before it his the monthly support again. Bags are in the process of being filled.
XVG, the altcoins party host ! ( Waiting for the breakout ) XVG was the first coin that skyrocketed before altcoins season and after correcting for so many days we are approaching the resistance line with a strong support under us. We can expect a bull run for Verge and maybe an altcoin season after downtrend line breakout! Keep an eye in this chart and don't miss Verge ride.
XVGBTC Here we go for another run?So I was just minding my business then next thing you know I see XVGBTC forming a nice standard wedge on the RSI looks like if it can hold the beating it might break out.
Also if you look at the MACD you can see a bullish crossover so there might be some room to make some profits here.
It has good volume for the first 4 hours as long as it can keep that volume XVG might be on a mission.
*And as always this is not financial advice*
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.
XVG/BTC up or down?i think keypoint is before us i draw a black circle there , so i think if we dont break in this point we will be following downtrend against btc, so is just my idea and trying to learn so im up for your comments :) GL HF traders ,
Might have more to go to the downsideXVG looks to be in a desending triangle right now.
If support breaks the 786 fib it doesnt look like it has strong suppot.
When crypto has such a parabolic move like xvg it is not uncommon to retrace
all the way back to the 88 fib. Which is where this will go if it cant hold support.
It could realistically go to around 250 sats
Verge : 50% lossXVGBTC
Danger of losing 50% in bitcoin. We are heading to the demand zone in the channel.
VERGE to BTC pair, long way to go before we see new ATH?This is a different approach to previously charted analyses of XVG to BTC pairs.
However, based on past pattern movement, I suspect that in the near future we will see a mini pump, this may be of a larger degree wave B, WHICH MEANS we will be seeking a lower low for C, if that is the case. But I think that before we can see new ATH relative to BTC than we will need to wait it out and allow for more time to pass.
Although this feels like forever, its only been like 7 weeks of straight red....NBD :)
--->NOOOOOT. Its been hell, but look back and you will see 400+ days of no price movement, and then it comes to the last price action we saw, and it was about 188 days in between events. Now we have not even experienced 80 days of loss and/or sideways action...meaning we could see a repeat pattern occur and another 80 days or so until we hit new highs.
If it does take that route, and mirror the previous patterns seen, it would bring us to May....long time if you are holding a bag and watching BTC soar, but a short time if you are in this game for the long haul.
Not investment advice, but if we see another impulse wave up, im not hesitating to sell.
Pulling that trigger quick as all previous price action has indicated that after a pump on XVGBTC you have multiple re-entry points that could be favorable positions.
If BTCUSDT drops we may be able to see some recovery of the alts, they have been slaughtered.
XVGBTCVerged broke out of descending triangle and formed a bullish flag.
Chart pattern confirmed, stochastic oversold, good to go !
XVG--BTC- WITH IN FEW DAYS WILL SPARK AGAIN TO MOONWITH IN DAY OR TWO , MAY START SHOOT UP AFRESH FROM CURRENT PRICE OF 625-630 AS IT GETS SUPPORT OF SMA 100 TO FINALLY REACH 1800 SAT AN SO IN MID MAY. SO HODL XVG TIGHT.
How I view crypto charts on Trading View
Charts with those ridiculous parabolic lines pointing to an insane all time high during a period of a market correction.
Fibs just not correlating with any sort of relevant points.
Random lines.
So as you can see here, Verge should hit 15,000 satoshi before the end of March, and I base that on a hunch I got right after smelling my dog's fart.
*Not financial advise, but just help me pump this coin ;)
VERGE ON THE VERGE OF A BREAK-OUT?POSSIBLE TRAJECTORY
But there has been no real proof of a break-out yet...
Let's hope for the best and a definite bottom in...
