XVGUSD trade ideas
Verge Tested Key Support, Bearish ChannelPrice fall to key support of the bearish channel yesterday. Now price has bounced massively from key support,+20% . Wait for another pullback before entry.
Down to 0,016. (old support) ABCD up at 08-02-2018Purely personal analysis, drawn 3 days ago and still on profile ;)
I sold at 0,06 and will buy back at 0,02
VERGE/DOLLAR LONG TERM PRICE ESTIMATION ON LOGARITHMIC SCALEIf the pattern continues on log scale, I am expecting the XVG/USD price to stabilize around 0.25-0.30 end of June 2018 and jump to around 9.00-11.00 within July 2018.
VERGE/DOLLAR LONG-TERM PRICE ESTIMATION ON LOG SCALEIf the pattern repeats on logarithmic scale, I am expecting the XVG/USD price to stabilize around 0.25-0.30 end of June 2018 and jump to around 9.00-11.00 within July 2018.
XVG Pathway After CorrectionIs this the Path of XVG after the correction?
Wave 2 is 0.786 Wave 1
Wave 3 is 1.618 of Wave 1
Wave 4 is 0.382 Waves 1 - 3
Wave 5 is 1.618 Wave 1 (due to third extension)
XVG/USD consolidation still on goingHello,
As the cryptos get purged Verge get purge too...
For a long term investor this is the opportunity to come in the market at good price. I dont expect an unrealistic big bounce for verge in the coming weeks but we are currently sitting on two supports lines.
One orange that could represent the bottom of a bullish channel and the blue which represent the bottom of the consolidation pattern. As the price are going lower, so it is for the volumes == This is a long position for me at this price.
Have a good day and dont panic :)
bearsh until back above 0.089hi all
chart describes it self
and crossing 0.157 it will targeting more than 0.30
Verge going for new ATHAccording to my analyses we are likely to hit a new ATH. dip seems over and the bulls entered the party.
(educational chart)
Verge: Possible 23% gain on a 2 day long positions3.amazonaws.com
Full disclosure, I have been learning/analyzing/trading/correcting for only about a month now and think its time to share some of my ideas. Feel free to add any thoughts of your own to mine, and also critique and be a devils advocate to my ideas. That's only going to create more ideas for both myself and you for the future. All love here
After seeing bitcoin drop this morning to our (@eball8 give this man a follow) target of about 9k. I knew there is going to be a snap back towards the 55 EMA for a short period of time. Since bitcoin seems to control 99 percent of the rest of the market it "should" be a good time to place a long trade for a short term swing. Verge has a lot of promise!
1.) I pay attention to the 3 hr time frame the most when looking at the 55 EMA for swing trades. First indicator I saw was the support line at price .059. It seems to have hit the same support as it did on 1/17.
2.) Every time verge has pulled away from the 55 EMA, the bulls have made some type of attempt to cross the 55. I don't see the bulls breaking through the 55 and winning, but suspect a solid attempt.
3.) Also, looking at higher time frames (1 day, 10 hr) the stoch RSI is showing extremely over sold conditions which means some type of uptrend will be happening.
4.) Finally, in light of bitcoin looking like it will take a short 2 day uptrend from 9k, verge could make an attempt of crossing the 55 EMA once again. This is where I am targeting my exit point. I bought in at .059 cents (639 satoshi) and will sell around the 55 crossover attempt. This should happen within about 2 days or maybe less. I suspect bitcoin to make a double bottom here soon, therefore will be taking profit as this analysis plays out.
I don't believe its over just yet. I think we still have the D and the E before this correction is over. I'm selling at 7 cents and buying back at 3.6 cents. Hopefully. Lol.
xvgusd 5 cent ResistanceAt 5 cent is minimum that Verge will reach before the next jump.
It corresponds to 600 satoshi at $8400 for Bitcoin
xvgusd possible Death Cross and H&S signals for bear marketDeath Cross at 9Cent when 50 Middle Average and 2000 Middle Average will cross, could result to bear strong sells.
Also a head shoulder pattern similar to one a week before is forming.
xvgusd buy opportunity at MA 800 with 5 centMiddle average 500 is broken
Next possible buy level is ma 800 with 4 cent per Verge
XVGUSD Cup & Handle 20 to 40 daysCup and Handle, 20 to 40 days
Attention: Might be weak point now since BTC is weak, Volume low (Should be like this at the end of a correction, but with weak BTC some negative), MACD Daily looks fine and signals to me some trend change. We are below MA, not nice, but almost the whole market is below, so i think this is not that dramatic. We will know maybe soon.
Entrada en largo con Ratio 2,6El precio esta en un punto donde coincide con la linea de tendencia y el soporte de los 0,82, esto puede hacer que el precio comience a subir, por otro lado tenemos la confirmación del RSI con una divergencia. Se coloca un Stop en los mínimos de este mes para asegurar una posible rotura de soportes.
