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XVG / Bitcoin

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XVGBTC trade ideas

XVG new support zoneRecent fluctuations point to XVG trying to establish a new support window. Red lines show current markings or supt/resistance (which when pulled back match up to supt zones in the past. The blue line highlights the current zone that XVG seems to be trying to hold to. you can see a handle with a small cup followed by several ups and downs as it tries to pull to this new line. There is still work to do if XVG wants to move up past this mid level supt line to the higher resistance line. A market shift should occur soon on this coin any thoughts on what way? Again not financial advice just my personal observation.
Short
by olddb
2
Xvg Shoot Up Is Ready To Fly (XVG Verge price analysis)hello Guys iam on the one day chart of verge and you can see that it retrace 80% Downwards from its all time high and now its ready to shoot up in upcoming days it dumped like hell but this is the opportunity to gain 2×,3× returns on your investment for short term 2018 is the year of privacy coin it will raise like ada defiantly in upcoming days if your a investor then your aim should be higher always it may also reaches 1$ till the year end in this case we can easy turn our one time investment in to Ten time return FORCAST: 1 Its Already dumped 80% from it ATH 2 that green trend line can act as a support 3 it needs to break that red down trend line to conform uptrend 4 if your a trader always exit at top levels which I have given according to fibbo 5 if your looking to long term Holds its a great opportunity and best time to buy and hold we should never fear if we buy at right price 6 Buying Zone (550-700 Sats) Targets (for Short) 1st 1030 sat 2rd 1350 sat 3rd 1830 sat Long term can expext 8× 10×...
by Sunny_Sharma
Verge, hurry up and wait syndrome?Decided to take a look at the infamous Verge (XVG) and having a look at its life and we can see has a history of parabolic run ups over 3000% every single time, even recently. This is then followed by an extremely heavy pullback for an extended period of time, which in today's current market people will say its because its a bad coin or a pump and dump. Are they right? Maybe. But as the market has matured, as well as Verge the pullback severity and length have lessened. And if you hear people preach these things, don't follow the herd, look at the history if any and see if it's irregular. If so maybe it will roll-over and die, if not be patient and wait for a good opportunity to INVEST. These extended corrections, the "hurry up and wait" syndrome has happened twice with Verge so I would not bet against it doing so again as a coin's history is a good indicator of its behavior most of the time however more history would be nice to be definitive. We are nearly 2 months into the current correction at roughly a 70% pullback which is actually not terrible when you take into account Verge's pullback history and BTC's current tanking. Can we expect more downside? Probably, personally I'm looking for a close just below the 200 MA to establish a bottom as this was the bottom established before the December run up. But even IF you buy the bottom you're not always going to make an instant swing profit you may have to wait months to lock any in and may not see a good run-up for another 2 months or more in the case of Verge. So if you're going to buy this coin for a quick swing trade I'd look elsewhere but if still decide to, hurry up and wait.
by HyperionAllied
Verge long term investment: Possible 675% gain s3.amazonaws.com After analyzing some swing trade possibilities with verge, I looked at verge as a long term investment. There is no doubt that an uptrend is coming but here are some targets to think about. BUY ZONE: Verge is in a descending wedge, a lot like a majority of coins right now thanks to bitcoin. I used fibonacci retracement and found a similarity that could be an optimal buying zone. I estimate we will finish this wedge at 466 satoshi, right at the .786 fib level. s3.amazonaws.com SELL ZONES: Fibonacci rule: We assume the fib extension will reach 1 to 1, with a possible to extend all the way to 1.618. This is where we can see a possibility of reaching a 675% gain. I will be laddering sell orders around the 1 to 1 fib extension to take profit, but will potential hold to see if verge makes an attempt to reach 1.618. Let me know what you think
Long
by XBTCope
2
Pennant patternHello! I ask you to immediately take into account, this is only my own opinion and what it is based on: The level of support at 0.618 broke, after which we fulfilled the retest and went down, we conclude that the breakdown is true. We think that within the next week the price can go down to the support level of 0.768. Also on the chart, as we see a figure was formed - Pennant pattern, this figure is a continuation of the trend (in this case, ascending). Also, when the price approaches the lower boundaries of the zone, an increase in the volume of trades is accompanied, but the growth is decaying, by the end of the formation of the figure, the volumes are minimal. In case of breakdown of the boundary of a triangle, it should also be accompanied by high volumes of trades or by their increase. Expect - the price in the area of 433, the subsequent breakdown of the triangle boundary and the subsequent uptrend.
by nikmagrus