XVGUSDT trade ideas
#XVGUSDT #DailyHi guys..its the latest analyze chart of XVGUSDT in daily time frame .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
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This Can Be Final Resistance For Verge Coin (XVG)Hey friends, hope you are well, and welcome to the new update on Verge coin.
Reached again at key level resistance:
The price action of Verge has reached a $0.019 resistance. This is a very key level and final resistance on long-term, because, after this there is no significant resistance up to the highest price in the history of Verge.
Big up-channel resistance:
On the long-term weekly chart, the price action of XVG has reached the resistance of an up-channel. The previous week’s candlestick was not able to close above this resistance but the new candle has been opened above the resistance of this channel. If we will have the closing of the current week’s price line above the channel’s resistance then it may start a big move towards the previous highest price. Otherwise, the priceline may re-test the support of the channel again.
Step by step movement:
On the daily chart, we can observe that after every rally the price action is getting retraced and then starts the next rally to the upside. After the recent rally the price action has been retraced between 0.382 to 0.50 Fibonacci level. In the meanwhile, the priceline is also using an exponential moving average of 21 as support.
A big bull cross of SMAs:
On monthly time period char, the price action of Verge currency has crossed up the simple moving averages with the time period of 7 and 25. The 7 SMA has also formed a bull cross with SMA 25 that is a very big bullish signal.
Conclusion:
At the moment in the long-term, the priceline of XVG is struggling with two major resistance levels. One is $0.019 price level resistance and the other one is the resistance of an up-channel. If the prcieline will breakout these resistance levels then the XVG can lead the bull market of all cryptocurrencies including Bitcoin.
Verge breaking out key level resistanceXVG breaking out a long-term channel on weekly chart:
The next resistance will be weekly cloud:
The pricline of Verges is also breaking out the key level resistance:
XVGUSDT__daily timeframein daily timeframe if price break the triangle we should touch the 0.618 point;)
if XVG break Resistance of 0.0174$ then ready for next targetif XVG break Resistance of 0.0174$ then ready for next target 0.0246$
XVG & the coming next targets !Hi Traders,
three things make me suggest this scenario:
1. impulsive reversal from the bottom.
2. high trading volumes at the current wave (might suggest be wave 3 is under development)
3. btc exceed its former ATH price level.
of course breaking the lower boundary of the price channel might weaken this view and the invalidation level is posted as well in the chart.
good luck
VERGE + 85% in 4 weekw!Verge just crossed MACD upwards
RSI above +50%
last 2 years moving up broke the resistance.
take profit 0,12$on the weekly chart we are going to test 0.12$ on the long term which will be 50 % fib levels
XVG Short buyzones self prediction I took 200$ profit on the ride up and will be reapplying the gains back into my XVG pile and these are the buy zones based on the market predictions derived from Fibonacci Trading. Should go well in much hopes. If we end up in another wave somehow, (very doubtful at the time of writing) I can go with that too.
Essentially this is a way for me to keep track of my progress with Verge this time around.
XVG BULLPreviously...
Bottom of the channel ...
For information on BTC volatility follow our BTC ROADMAP chart.
Libertas Aequitas Veritas .
Short is loading (We may see Long in future)Verge increased last weeks significantly but turned from resistance, we have nice pattern for Verge in future.
XVGUSDTGet ready for XVG.
Flipped resistance and is building support.
Bullish divergence on the RSI
Looks nice.
Verge Trading PlanHello traders,
Verge is giving us bullish signals on the dollar par. It done an bullish wedger and possibily will pump above this strong suppor.
For more analisis like this push like button and follow us on Tradingview.
XVGUSDT formed bullish SharkPotential reversal or buying zone: $0.0062 to $0.0058 (this should be stop loss as well)
Fibonacci projection: $0.0066 to $0.0075
Regrds,
Atif Akbar (moon333)
XVG/USDT More than 50% profitFirst step:
Opportunity to buy 50-52
Sales 74-76 more than 50% profit
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Second step:
Opportunity to buy 40-42
Sales 65-68 more than 60% profit
This is just a suggestion.
