XVG done correctingVerge has tipped the golden correction ratio from the Elliott wave structure it was in.
It bounced back up and managed to get out of the downward channel and it showing bullish signs for the next uptrend/Elliott wave structure.
Lot of FUD but nothing to worry about ;)
"NOT a financial advisor, seriousness reduces life. Make sure you feel blessed when waking up, millions of people died during their last night sleep."
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Verge
TAME CRAZY HORSE VERGEVerge is like a crazy horse.
You can try to ride it, but if you get trapped you can break your back.
Now I will try to tame Verge in the easiest way. Actually Verge is moving in this ascending broadening Wedge (it could be a channel, but is not so important now).
With the last candel attempted to break an important resistence. This resistance was still broken between the 9 and 16 April, but it was not supportive. Now Verge broke again this resistence and it seems to find support on it. RSI shows place for buy.
I see the dotted line as the target for the next days/weeks.
BIO
Verge XVG - Trade Active 500% TargetVERGE XVG Is Leaving the Ideal Buy Zone - Trade Active
Looking at the Verge one day USDT chart on Bittrex. Verge is now trading with a candle closed above the buy zone I had set on April 18th. Hopefully you bought while in this ideal zone. If not it's still not too late to jump onto the train. Verge is going higher, and if you are not a swing trader just buy and HODL you will not be sorry.
Best Recent Entry on April 25th at just below $0.06
Trade Targets:
Short term
$0.10
$0.12
Mid Term
$0.20 (Nearing 300% Profit on the Trade)
$0.30 (ATH_ 500% Return)
Progress of this trade can be interrupted by a sudden dip in BTC prices. If so don't panic and stay in the trade, otherwise you lock in a loss for yourself. Be patient, it will recover and you will profit.
Please, Don't forget to Like Agree, Comment and Follow Me, It's additional encouragement for me to share my work.
All statements and expressions I offer are my opinions, and not meant as investment advice or solicitation. Information provided is not personal investment advice. Seek guidance from a professional investment advisor before trading or investing. Trading cryptocurrencies can be a potentially profitable opportunity for investors. You should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. I am not a registered investment advisor.
Wishing you success,
Isaac
XVG Cup and handleIf we take a look at this chart we may see some cup and handle formation forming right now. If its done, we can see XVG fly above 2000sats. Working partnership with Pornhub is a great news, and now they want to expand Verge to Spotify and other companies. This coin has big potential.
XVG - Short term longJust publish XVG short term long.
You know about my short position on this market on middle term. But now we have a chance to see rebound from the flat dip.
Why? Stoch RSI now ver oversold, RSI also on critical support level. I publish specially dayly chart to show you this global view.
It will start this rising after 5-7 days.
Can we see 580-620 ? Yes. But despite on bearish market now it loooks like XVG ready to do B correction point.
I will keep you informed of both my positions, both short and long.
The additional news is that the current channel will soon stop working and we will have to form a new look for the downward movement after wave B.
Write comments about it and questions welcome!
Big sign for verge.A huge green candle has appeared! This could mean a correction and the start of an uptrend. Have a nice entry and S/L and go for it.
Samurai mastery of catching the falling knife! XVGHello friends,
In This session we gonna have a risky attempt to catch a falling knife!
The first samurai secret of catching the falling knife is that you NEVER wanna catch a falling knife! Samurai is smart! he doesn't risk his portfolio. He waits for confirmations!
Although it depends on your trading style and we have some traders who love risky trades and they are successful, but I'm different. during my experience of trading, I've learned that you should focus on cutting the risk and securing your portfolio more than anything else and after that focus on gains and profits.
I'm a confirmation trader. In my opinion, trading is like a sandwich, it's not about the bread on top or bottom, it's about the meat in the middle. so we don't wanna be greedy and catch the absolute top or bottom. we to get confirmation, be safe and make money in long-term.
Okay, i'm done with this jazz... I'm sure I sound like an old guy, but i'm not i'm pretty young actually. xD but I think this advice can become handy for you later.
Alrighty, back to the business!
This trade idea needs few more days to develop at the moment, but I expect huge gains from XVG soon.
The new partnership of XVG and Pornhub is actually a huge partnership, although people made fun of it and made memes out of it, but porn industry is one of the most profitable and huge entertainment industries.
This partnership adds intrinsic value to this coin and also gonna have a good use case for a privacy coin. They also gonna have a new announcement soon.
Another interesting thing to consider is, both XVG and TRX attracts the same type of market customers psychologically duo to their similar price and supply limits. last time when the XVG run dumped, TRX pumped. It showed me the money flow between this two coins. If you follow my TRX post, you already know that TRX has pumped already, it has some more room to go but soon it's doomed to a correction and I expect the money flow to come back from TRX to XVG and start the 2nd impulsive wave in XVG.
I'll update this post later when we get there, good luck trading!
XVG - Verge Trade Opportunity.Hey, I am back with another Free Signal/Trade Opportunity.
Verge has seen major selloff due to what was considered bad news, partnership with PornHub.
But its not that bad when you give it a second look on the whole industry.
Currently is Verge holding at 700 sat.
Buy 700 - 765
Sell - 850 - 980
Lets take a look on Indicators.
MACD is looking good, buy signal with buyers coming.
RSI needs to cross 58 level to become bullish.
Hope I made your view on whats going on with Verge somehow clearer.
If you like this TA let me know in the comments, Likes are aprreciated, Thanks !
If this gets a little bit of attention, I will update!
Classic Edward Pitchforkhands has formed on $XVGCan't believe it took me this long to spot it... but it's clear as day that $XVG is forming a classic right-handed downward pointing Edward Pitchforkhands outcome probability technical formation. XVG is traveling through the hand, as we speak. It will soon choose which finger(s) it prefers. It must hit the yellow line in one of the two golden boxes. Edward shows us the way (likely path) with his pitchfork hand. Thumb is already denied. I hope it isn't the pointer finger, as I've already shorted at 702 back on 04/24.
Expect new ATH once we parabolic off the yellow line, and bust through the top of the yellow triangle.
Cheers.
**Definitely not financial advice.**
XVG UPDATEPrice dipped as anticipated, but broke through support and is now being rejected by that same support.
Good news is that an ABCD pattern has formed, while stochastic has reset and momentum slightly curling back up.
New support is at 0.5 fib and kijun. If that support were to fail, we could be testing the head area again as its a low volume node area from the 0.5 fib/kijun to the head.
Verge: Breakout or Breakdown! #XVG Verge is hitting a tricky area in the charts.
I've placed a Limit Sell in the Orange Zone here just to reduce risk.
I think given the fact that we have long term support with short term resistance - we should lean towards a breakout - but it is better safe than sorry!
The best way to make money is not to lose money in the first place!
XVG Forming Right shoulder Count Down to next impulse The right side of the inverse head and shoulder is forming nicely. We should be seeing the next run up back to .09-.10 very soon. Put your seat belt on.