XVGUSD trade ideas
Verge Short: Hold Or Buy?Obviously, we're not selling at this point... According to the RSI Chart, it was over-bought (red arrow)... So it's in a bearish downtrend heading into resistance... May be a good time to pick some up if you don't have any... My 2 Cents!
Buy Verge?Looks like a descending triangle pattern. Looking for it to fall to the blue 100 day MA and .155 support line. Possible buying opportunity.
xvg estending correctionlarger correction forming, indicating a larger potential wave 3, which puts it close to .52
assuming we dont fall into a larger degree bearish pattern before running bullish
XVGUSDVerge Has had some promising new announcements lately, lets watch the charts and ride the profits upward.
XVGSECOND wave seems to have completed in the final 5th wave of the move
fork holding for time being, macd ticking up and averages crossed
- looking for target around .33, potentially .38-.40
XVD - Even more juice leftXVG has held up remarkably well against this recent correction. Now that we're not constipated anymore by the correction, all that pent-up buying is taking off.
Verge has been surging...heh. And I believe there's more juice left in this crypto. Bullish downward triangle is a pretty sweet signal, especially when the MACD looks like it's about to turn up as well.
Expecting higher highs imminently.
vergeloving the fork - because of such a strong impulsive move, would err on the side of fork strength and continuation.
potential either : sticks to the forkline and follows up to the target or come down to the trigger. if trigger line is crossed, indicates change in wave and will re asses
XVG completing potential 5 wave count or third waveoff ABC on 30min at low of .066, seen a strong move to the .23 target for typical wave three
the move went beyond the typical towards the max wave three which is sitting around .35
current wave count looks like it just completed a wave 4, abc, - target at around .32 - .35 (across 15 and 30min)
from there looking to have a intermediate correction before we see a bullish continuation
XVG breaking out of short term bullish channelIntraday momentum has broken officially and now we are looking at profit taking given by high sell volumes (see bottom of chart). Look for support at the top of the cloud, which will also coincide with fib retracement levels (I'm going to post another picture with only these so you can see similar price levels). Support levels are .19 and I'm looking to enter a trade here for long and short term, given that we hold this level on 5 and 15 min bars. Gl gl. Been a gg so far... very good game.
Is the pullback on the VERGE of coming to an end? This has been a very high volume coin. So I think the chance for a rebound very quickly is very possible. If you have a core position and are wanting to buy more I would play it safe. Put in a few buy orders about 10% apart so that if it falls the order may fill. This was moving so fast at the time I got in it was impossible for me to make a buy in my own fast enough. Have it preset prevents that and the emotional second guessing yourself. Liker they say set it and forget it. I do see this being a good long term play with everyone having privacy concerns and if this can truly make your buying anonymous then it will be a big win for the public.
Verge Continued correctionI believe the boost that verge had was just part 1 of something greater. If this is a breakout tonight, there should be the continuation of the uptrend. If not, then expect the correction which i drew. Would love all thoughts and comment!! we are all here to help each other!
