We have a breakout with a potential ram rod upward channel. XVGI have a lower position on this coin but think that it now has a valid breakout. The inner (straight up) channel is probably a pipe dream but as long as prices stay withing the outer channel the world is harmonious. Trade as you wish within the inside/outside channels, always limit your risk.
XVGUSD trade ideas
XVGUSD - Another look. Still bullish.I'm sure it has become quite apparent that I am looking forward to seeing this one pop.
Cheers,
Joe
XVG is forming a wedgeIt has to break one way or the other and I am thinking up since the previous move to get to the wedge was up.
Nice move on XVG!Nice "W" pattern and double bottom. Such a simple technical pattern but works and no heat! .1850000 possibly?
Verge has a chance to MOON!Wraith Protocol is to come out in less than 3 days. Verge has a serious shot to moon! Maybe .50 or higher!
XVGUSD LongDeep retracement into the 76.6 level with support holding on 4 occasions.
Could be a large extension here.
XVG divergent bottom set upif the bottom holds the price should move back across the channel and look for a new trajectory
XVG could break to the upside hereIn my last post I surmised that XVG would move up and break at the corner of the latest wedge. That was not the case, but the downward recent trend line is narrowing. Price will break to the upside if support can be maintained, and here we have triple confirmation of support at ~.11 cents. If I had more money I would be doubling my position here.
XVG! Think we FINALLY have our support!Hopefully it will hold the Cyan line for some time and then EXPLODE!!! It would be nice if they released Wraith (don't know if this already happened or not) at the the incline to keep it pumping! Good luck all!
XVG/USD Verge Trajectory Update! - Bullish Flag?A downward channel has been formed in the XVG/USD 4hr chart
In this trajectory Verge will follow the channel and test the support at the $0.10 to $0.08 range. If this support holds, then a bounce to the resistance level at $0.17 is expected. If this resistance is broken then the next target would be the psychological barrier at $0.20.
The RSI level is indicating a downward trend sitting below 50. The MACD indicator has yet to cross over to signal a bullish trend. Once the MACD confirms a trend reversal I will place my position.
As always, you can never be 100% sure of the outcome. At the end the market will decide!
Recommended Guidelines to Follow:
Wait for the Break Out
Open your position by following the trend
Set your target limits
**Always set your stop losses when long
I wish you MASSIVE profits on all your trades,
CryptoTA
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Disclaimer: Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
VXG CORRECTION. XVG CORRECTION, TAKE PROFIT AND RE-INVEST.
Buy at 0.06915999
Goal: 0.12611389
187.32%
DISCLAIMER: This practice is for educational purpose. Take decision at you own risk.
Good sign for VergeGood evening,
i see an "sks" (in german) known as shoulder - head - shoulder formation with upward signs.
If the price dodn´t hit the green line, i see the next uptrend comming.
If the price falls down the green line, there will be a bigger correction.
Greetings
If you want to support me
BTC address
138EsXDZVasDSCq3K9xBRYzmhtbPd7dYQS
Verge at critical 50 and 61.8 percent retracementVerge is at a double Fibonacci support.
A larger 50% and a shorter term 61.8 from the last leg.
It needs to find support here to keep on trending.
Else we might fallback into ranging prices for a while.
Always fundamental buyers can shake things up from lower levels.
Breakout from the triangle formation for VERGEI'm thinking a breakout to the upside out of the triangle formation is looking likely for #XVG #VERGE This will be a continuation following the ascending support line
Verge MACD Divergence MACD indicating possible divergence down to elliot wave 2 on the one day. Once completed headed into wave 3.
Hopeful outlook of XVGIf the last move up is a base model for future movements, then we might see a breakout from the wedge thats currently forming. This retracement has been painful since I saw an all time high of my account value and a huge pullback. Hopefully the weed that is forming is preparing us for a big breakout.
