XVGUSD trade ideas
XVG breaking through resistanceFundamentals:
- Updates on development of the Wraith Protocol & upcoming release date
VergeAll Entry, TP and SL are on the charts.
But also don't miss the opportunity to buy after the Breakout.
XVG wedgeAnother wedge forming here. Could be a break out or fall to floor. Im betting on the former. #xvg
Chance to Explode?I think it comes down to their Wraith Protocol Release, it has been promised to be released by December 31st. Also the this is the first full Triangle I see on their chart with Bullish signs. I'm Hodling and hoping all this FUD is actually FUD :) Verge to the moooooooonnnnn.
Verge ready for a big move to the upsideVerge has managed to shake the correlation with the BTC/LTC/ETH Price movement.
Here we see a rising wedge with support levels being healthy for the overall verge price action.
I foresee t moving up, retesting the immediate previous high, pulling back for support to become resistance and then moving all the way up to the previous high. Potential further movement to the upside from here.
Appreciate any comments or likes that you have for this idea!! Happy Trading
XVG sidewayslooks like any changes in trajectory upward are stymied by some large sells. Channel bound for now. Looks like the entire market for coins sold off with the exception of XRP. Could be a rebalancing of the market as people sell off BTC and LTC.
Verge | On the verge of a breakout? | XVGNot a big Verge guy, but looking strictly from TA perspective, something could be brewing here...
__
BUY: .145 - .155
SELL: .23
If SHORT.
__
FULL DISCLOSURE
I am in on XVG with a small position at .07 and HODLing for when 'Wraith' is released... we'll what all the talk is about - who knows, could be huge...ensuring mainstream user adoption is critical so if Wraith assists with that, it could be a big deal. I had not heard McAfee talk about a coin before, and I was first exposed to it through him, which in hindsight pisses me off...but here we are, so we'll see what it can do. Not a McAfee fan, even if this makes me a bit of a return.
__
What are your thoughts?
Thanks for looking.
__
Do your own research, do your own investing. Not investment advice.
XVG wedge breakoutXVG forming another very tight wedge. Will probably break to upside and continue the more moderate channel upward created during the recent bounce back. Expect the channel to hold strong until additional news come outs regarding Wraith.
Verge XVG: 2 hour forecastLooks like we will have some good performance on XVG over the next two hours.
XVG new trend lineLooks like XVG is establishing a new trend line here after a massive selloff over the Christmas holiday. Any positive news on the platform developments may change this trajectory, but the price is holding steady at the current resistance level. Any breaks above this line may just establish this line as the new support while the coin gets locked into a more humble channel trajectory. I think most people buying this coin are HODLers so I would encourage continuing building your positions and to take advantage of the recent selloff. #xvgfam #xvg $xvg
XVG possibilitiesAfter a strong surge XVG/USD is hovering near the last peak and is mimicking BTC's pattern. It will be interesting to see how it reacts to BTC's next move.
I'll begin by stating the obvious: When Wraith is announced, XVG goes up. This isn't news to anyone. However, anything short of that will result in a price decline/hovering at stagnant levels. It may bounce off the trend line however I don't think it will. Unless something big is announced, it will reverse when it hits the 50MA and head back to the 800-1000 level where it will be a good place to reenter if it breaks the 1000 support wall.
Best wishes and hope everyone has a happy, prosperous and healthy new year.
XVG Bullish entryWith Verge continuing on a upwards trend showing strong support on the accending trendline as it has just pronounced its major pullback after a sound rally lastweek a retest of this trendline shows alot of buyers are in demand on these levels possible buy break above the decending trendline or a buy on the bounce of the accending trendline are possible entrys also a break below the accending and a retest for a short entry is also valid,respecting the fib levels also shows consistency of supply and demand areas and a very predictable set up emerging
