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Verge / TetherUS

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XVGUSDT trade ideas

VERGE - Wait For The Trigger!Hello everyone, if you like the idea, do not forget to support with a like and follow. VERGE is overall bullish trading inside the blue channel , and since it is approaching the lower blue trendline, we will be looking for buy setups on lower timeframes. on H1: XVG formed a valid trendline in red but this setup is not ready to go yet. We are waiting for the buyers to take control. (projection in purple) Trigger => Waiting for a momentum candle close above the last swing high. (gray area) Until the buy is activated, XVG would be overall bearish and can still trade lower. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
31
XVG/USDT Update: Verge on its way to to 10xWe follow Verge now for over a month and see a constant recovery. Still there is a lot of room to grow and we can expect Verge to get back to previous ATH. Basic rules: - Never buy the top/ATH - Take profit as long as you can - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
Long
by tumbler55
2