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Verge

XVG Market CycleMarket Cycle on XVG Here we are looking at a market cycle that generally occurs on XVG. 1. Move upwards 2. Downtrend with series of pullbacks 3. Rounded bottom 4. Descending wedge break + EMA cross + Bullish Yume twist above Miaku On a rejection at the EMA / trend line we will have to wait for bounce at the bottom of the support to watch for a retest and break. The risk reward ratio on this trade is very good, in a best case scenario a 882 sell occurs. The reason why we expect a smaller / less volatile market cycle is for a few reasons. Bitcoin has less space to move upwards before hitting an overhead resistance / trendline (7.8k region) The size of the market cycles are decreasing. We do not know if geometrically or arithmetically, but the best place is to assume arithmetically as the bitcoin fractal did this last time. Volume is lower, therefore volatility is less and we will miss the crazy highs. I have set 4 targets and also a stoploss at 305. The targets are to monitor the progress of the market cycle, with the last target being my personal final sell if we get that all important break. TL;DR: Bog might pomp eet. With this, we will get some fantastic day trading opportunities, especially at the top of the cycle- shown by those crazy wicks. You are all welcome to join my trading squad, the edge analysis group. You can reach us by messaging me privately on tradingview! That's all for this analysis, thank you for reading and have a great day. Xander. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock/cryptocurrency picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. These are not facts but my personal views and opinions. I will not and cannot be held liable for any actions you take as a result of anything you read here.
XLong
by XanderCrypto
3
Legendary XVG Short: UPDATE! - Still further yet to fall?Apologies on the late/no updates! I've been traveling out of state for the last week and will be doing so for another week. Sorta inconvenient timing as far as Legendary XVG Shorts are concerned ;) I scooped my whole bag up again at 364-366. I can sell now for a nice 4-7% gain, which I'm going to do. However, it could scooch just a bit higher (389-398), so i'll just be laddering out throughout the 80/90s. I personally see 322 still in the cards. Although it's a rather difficult read right now with BTC doing w/e it wants lol. We'll just have to wait and see! Cheers.
XShort
by jmC3PO
1
XVG Holding the LineHello traders! Watching XVG for it to break away from the 0.618 support. This level would be an interesting buy in with a stop below. A run up from here could potentially take us to 900; a less moody bitcoin might be necessary to prompt further movement though. You'll also notice we've hit this RSI level 3 times. Feel free to join in on the discord for conversation and ask to be added to notifications if you'd like to be notified of posts. The link is still available on my profile, good luck trading!
XLong
by thomas58700
3
$Verge , $XVG Bull Trap... Weekly Looking at our trend timeframe we see price has reached our major support level of 350 satoshis. Stochastic RSI showing momentum continuing towards the downside with no signs fo slowing down. Weekly showing two possible scenarios in this bear market. Daily Shifting over to our pattern timeframe we see price is stuck in a very aggressive downtrend and is not showing any clear signs of reversal. Stochastic RSI showing momentum has bottomed out, however price is showing other wise. Expecting XVG to fall towards 100 satoshis by the end of the bear market, If BTC fall towards $3,500 level expect Verge to drop to 100 satoshis
Long
by UnknownUnicorn2434649
6
XVG Triple Fractal TheoryATH to low of 325sats= 85 days followed by 24 day bull leading up to parsnip announcement. Peaked at .618 FIB. Current downtrend at day 76 and looking like possible near-double-bottom scenario. 960sat .618 fib target roughly 20 days later.. Followed by 85 days leading to the apex of the triangle early Oct. AKA BULLSEASON. Breaking out to 1.618 of ATH and 2.618 of recent high. I give you... "The Triple Fractal Theory". You heard it here first. I may be a damn Guru, but I am not financial adviser. Yada yada, legally I'm not responsible for your terrible trades.
XLong
by Shneal
1
XVGI got my first warning for my previous XVG post, we aren't allowed to swear on tradingview, sorry admins but this coin gets on my nerves. Anyway, here the same post without the curse words! So this should be fine 4 hour candles. Should bounce right around here, a break now would go down to at least 420 and it would be a screaming buy down there Speaking of 420, you should be smoking a ton of it before buying this coin. Don't go to their telegram, or go and be amazed. Its like they trained a bunch of retarded monkeys with alzheimer to spam crypto nonsense. Like my word those guys are a bunch of 'when moon' spamming kids*. I've been there, ran screaming. Attempted to join a second time only to see nothing changed so I left again, never to return. There is this one thing though, this is the only coin that still gives me FOMO, not because of the descent looking chart (bottom wedge , support, fib) or the horrible community behind it. Just because of a feeling I have about this Sunerok dude and how he could end up surprising a lot of people, Perhaps it wont be with XVG but I'm going to keep my eye on that dude. Anyway, my targets for this piece of work are 1549, 1949 eventually 3149 and maxing out at 8249. With a lot of butchering in the middle, people will get slaughtered Those same people are going to scream for 10K if we hit 8249 so it will probably go on a massive bullrun all the way between 19494 / 24494
X
by iera
10
Is this the right time to buy verge? Verge had a good run in march/april if you missed it you got another chance Verge is approaching a good price that you can ladder into Buy range for verge is 370 -350 sats there is only a small window before another rally so try your best buy around the buy range. If I helped you profits with the post, A little tip wouldn't hurt me at all My ltc wallet: Lcxk4jDgW8TBTakYSHdzP3p8BMV364f85s I will keep it updated ,if you got any question sure ask me
X
by Sir_DURZO
14
$XVG #VERGE - Still on a pullback, is over now???Hello Lads and Ladies, Today we are taking a look at XVGBTC. Initially it has been pumped from 300 satoshi to 1450 satoshi because of an announcement of a partnership with PornHub. Since then it has been in a pretty clear downtrend. The downtrend has been broken once but the news of Verge getting hacked has put it in a further downtrend. Right now we are at a very strong support of 400 satoshi, this might be the turning point, since it has been confirmed many times before. Nevertheless, you should always take a look at the market and if this market rollercoaster continues a little more down, it might break this support of 400 satoshi and have XVGBTC heading down towards the 300 satoshi line. From there on the possibility if a bounce back up is very high. The bounces will have the first stop at the 600 satoshi line and if they continue the second stop would be at the 800 satoshi line. Overall, I believe that buying at 400 satoshi is already a very good price, why I would put 75% in here and leave the rest 25% for the 300 satoshi line, since I believe that is unlikely seeing it. Looking at the market right now, we had again a beautiful pullback that made me smile. We see further 7% -18% pullbacks through out the whole market. As I have mentioned in my PANIC GUIDE, the first pullback was not the last. Right now, I more and more convinced that we have reached the bottom. Many coins are sitting on the suggested support right now, not like after the first pull back. Therefore, a bounce of a bigger variety is very likely to happen. As always, stay calm, stay positive and be re buy the coins, you were looking at for quite a while. Like and Follow me and you will find this page interesting because I am a TA expert and day trader that does daily updates and new posts about the hottest and most discussed coins. Cheers, Tomas
Long
by KongTrading
1
Legendary XVG Short: FLOOR UPDATE!? Are we done free-falling?!Whelp...It's been quite a ride this month & a half, with all of you. What a legendary go - One for the books, if I say so myself! I'm sorry I could not update at the floor today, as I was soft-banned for posting the discord link in the above thread. I posted that when I was on a premium trial account, and it is now against the rules as I am back to a free account. - I digress. My XVG bags were heaaavyyy this morning near the floor. It felt SO good hopping back into my beloved Verge. Flipped em all at 440 a bit ago. There is still a possible maybe potential for 450-453 to hit. Whoever caught the max range easily had 10% gains today. The best part? IT'S ABOUT TO HAPPEN AGAIN!!! TALKIN BOUT FREE BIG-GULP REFILLS!! This rising wedge targets 385, but I'm not sure if we'll get that low. We'll have to see. 410 fits more in line with a Wyckoff bottom - at least at this next touchdown. So, I've adjusted my hit-box slightly, as you can see. I will most definitely be picking up every bit that I can in the 420-385 range, again. Remember - it's all about those 1% quick gains, and you only need 4 sats with XVG right now. GOOD LUCK & GODSPEED!!! (I can't wait to type "xvglong" in the tags of my Verge updates.)
XShort
by jmC3PO
11
Legendary XVG Short: DONT be fooled! Another Desc Scallop 450ishHellooo! Another quick update for your favorite Legendary $XVG Short. I believe a desc scallop with a target of 448-462 is deceiving some folx today. If I was you, I'd get out on this peak, in order to re-buy at least around 450 - if not our ultimate 390 target. BUT, I'm not you, and this is NOT professional trading/investing advice! We might see a bit of juice yet, but we gotta break 600 before we can start to consider anything. Could be a big risk! This coin is about to explode as soon as it breaks out. I bet a single day candle could reach the top of our 6mos triangle, once it happens. Maaaybe 2 days, as we may need one to break us back through the bottom line of our 6mos triangle or something. :fingers_crossed: Good luck! Original Legendary $XVG Short call from May 2nd:
XShort
by jmC3PO
25
There is a trading opportunity to buy in Verge Ethereum ...Technical analysis: . VERGE/ETHEREUM is in a downtrend and beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 29. . While the RSI resistance #1 is not broken, the probability of price increase would be too low. Trading suggestion: . The price is in a downtrend, but we forecast the uptrend would begin. . There is a possibility of temporary retracement to suggested support zone (0.0000560 to 0.0000482). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0000560) Ending of entry zone (0.0000482) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0000700 TP2= @ 0.0000796 TP3= @ 0.0000968 TP4= @ 0.0001186 TP5= @ 0.0001453 TP6= @ 0.0002030 TP7= Free
Long
by ForecastCity
There is a trading opportunity to buy in Verge Ethereum ...Technical analysis: . VERGE/ETHEREUM is in a downtrend and beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 29. . While the RSI resistance #1 is not broken, the probability of price increase would be too low. Trading suggestion: . The price is in a downtrend, but we forecast the uptrend would begin. . There is a possibility of temporary retracement to suggested support zone (0.0000560 to 0.0000482). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0000560) Ending of entry zone (0.0000482) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0000700 TP2= @ 0.0000796 TP3= @ 0.0000968 TP4= @ 0.0001186 TP5= @ 0.0001453 TP6= @ 0.0002030 TP7= Free
Long
by ForecastCity
1
There is a trading opportunity to buy in Verge Bitcoin ...Technical analysis: . VERGE/BITCOIN is in a downtrend and beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 30. Trading suggestion: . The price is in a downtrend, but we forecast the uptrend would begin. . There is a possibility of temporary retracement to suggested support zone (0.00000419 to 0.00000325). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00000419) Ending of entry zone (0.00000325) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00000563 TP2= @ 0.00000642 TP3= @ 0.00000749 TP4= @ 0.00000880 TP5= @ 0.00001011 TP6= @ 0.00001435 TP7= Free
XLong
by ForecastCity
There is a trading opportunity to buy in Verge Bitcoin ...Technical analysis: . VERGE/BITCOIN is in a downtrend and beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 30. Trading suggestion: . The price is in a downtrend, but we forecast the uptrend would begin. . There is a possibility of temporary retracement to suggested support zone (0.00000419 to 0.00000325). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00000419) Ending of entry zone (0.00000325) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00000563 TP2= @ 0.00000642 TP3= @ 0.00000749 TP4= @ 0.00000880 TP5= @ 0.00001011 TP6= @ 0.00001435 TP7= Free
XLong
by ForecastCity