I've never been that big fan of this project, but some assumptions shown below, brought me to assume we have a once-in-a-generation "long and forget" opportunity. Timeframe for my analysis is the weekly one, so the most powerful in terms of long-term perspective. - RSI oversold since october 2020: oversold bounce is just behind the corner (Wave 1). RSI is...
Let's give a look at the weekly exponential moving averages (EMA) on XVG USD pairing: 1) price got rejected twice by the 200 weekly EMA (yellow line) 2) price got supported almost all the weeks since last November by the 26 weekly EMA (blue line). Although if the price rallied quite well today, this situation of price action being enveloped by the EMA means that...
ASSUMPTIONS: 1) TOTAL2 (altcoin cap) growing very healthy, will keep give benefits to midcaps too anytime soon. 2) fundamentals on XVG are back, as the hype might be back (soon). 4) we are coming from 3 full years bear market and this coin (XVG) was literally demolished. All these elements combined together can't bring a market participant, whose brain is turned...
Currently drawing the 2nd shoulder of a multi-months Inverse Head & Shoulder pattern on XVG USD, whose neckline is there at 0.01 USD. But guess what... 200 weekly EMA is sitting on that key level too (at the time I'm writing). It clearly acted as a resistance during last week rally, but if retested will be demolished by the bulls sooner or later. Always remember,...
Din don, this is a bottom call for XVG BTC. Buy the green, sell the red. Stop loss below the support neckline, take profit starting from 105 sat. RSI triple higher high is calling a potential bottom. No financial advise, best of luck! Vito
If and any there will be a higher low this will definitely confirm a change of trend in the price of XVG USD, which could give the price enough strenght to escape from that giant descending channel. The higher low should be possibly found by kissing the MA...
Just wanted to share with you a scenario of accelerating exponential price increase in Verge / Bitcoin pairing. Here's a few considerations on which the analysis is based: - The price has already skyrocketed like this twice: december 2017 and march/april 2018. The pattern was a clear 3 Waves accelerating bull run supported by an exponential curve, like the one i...
What I can currently see from this chart? 1) 4 higher lows, which means a heavy and big accumulation is still going on; 2) a clear and drastic resistance at 0.11/0.12 USD already tester for at least 3 times; 3) the conjunction between the major support (1) and major resistance (2) will take place at least at the end of 2019. I'm currently making some serious...
You can see we are almost there: after the massive Bitcoin bullrun, we may see sooner than everyone could expect some serious gains on depressed altcoins like Verge. Everything which goes up, will go down. Everything which goes down, will someday go up... No financial advise: trade at your own risk Good luck and karma :D Vito
I just highlighted a major resistance with an extremely sharp angulation. Then I tried to find out which could potentially be the real shape of the parabola the price is drawing on since december 2018. You can see how many touches we did on this... I think the price is going to converge between those major trendlines and then the market will do the rest: which...
"Mind the gap between the train and the platform", someone said... Although if the setup keeps being bullish, we left 2 important gaps in the BTC USD futures which may be filled sometime sooner or later. If you missed the train, there could be still a chance to jump on-board! #1 BUY: 8.480 USD (bottom of 1st gap) #2 BUY: 7.180 USD (bottom of 2nd gap) Stay tuned! Vito
Maybe some bullish nervousness on XVG BTC could rise up soon during the very next days: after a bloodbath started from the fake bull of last month (ath 219 sat), XVG hodlers seen their BTC value dramatically falling up, as the price touched the floor of 100 sat (local bottom) just a few days ago. Considering that we are almost at the bottom of a falling wedge...
What I see on TRX BTC daily chart at around 330 sat, price at the time I am writing, is that we are kissing the key level support of a symmetric triangle being trapping the price since December 2017 and that, considering the neckline (support and resistance) already tested, could let the price escape only on April 2020. A possible trading strategy for this token,...
Altough if for those this scenario could look like fantascientific, here on XVG USD we have one of the most discounted and undervalued crypto offers out of the radar of the mainstream media, which could probably wake up very soon from a long bearish momentum. Fundamentals still looking great, community very active and loyal, recent github important commits like...
You my spot a falling wedge shacking out the last bag-hodlers. Here we are definitely having some serious capitulation on XVG BTC... Stay greedy, stay bullish! Vito
Hello guys, I would like to share this bull case scenario for BTC USD: Everybody on the internet is speaking about a possible inverted head&shoulder on BTC USD pattern, but what I currently see right now is the accomplishing of a pretty much nice and well drawn bull flag, which I reported on the graph. As the price is currently compressing and attempting to...
Hello, After 8 months of pure bloody-bath it seems XVG could possibly be ready for an inversion pattern. However, the market won't reveal its true nature until the compressing triangle won't be 100% drawn: in this sense, I believe we will se a big movement in the very first week of January 2019. Our main resistance, in case of a breakout on the upside, should...
Ok guys, don't say I didn't tell you: 240 sat: it was a strong resistance during June 2017, deeply broken the 10th of August 2018 and retested (unsuccessfully) a week later. Right now "seems" to be a SUPPORT! 278 sat: highest spike of the triangle, to be retested soon i think. No financial advise, always risk what you are able to lose.