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Verge

XVG short term tradeEven though everybody makes fun of Verge and collab with Pornhub, I believe sell-off is calming down and we'll see bullish momentum soon. Currently trading around 0.382 Fib, which is also pretty obvious support zone, if this support holds then targets of 874 & 979 is reachable in a couple of days, I see that as potential Elliott Wave B (correction wave), then dip lower after that and then - who knows what happens. ;) Entry: 770 and below T1: 874 T2: 979 Stop-loss: 695 If you find this idea helpful, leave a like, comment and follow our profile!
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by xbtbull
XVG currently at the golden ratioVerge is currently at the golden fib level 0.65 where usually a bounce back up starts to form the next wave structure. It is still in a downward channel (the channel got tighter tho after the Mindgeek announcement). Very exciting to see wether people will buy back in now or if it will drop further to the next fib lvl. "NOT a financial advisor, seriousness reduces life. Make sure you feel blessed when waking up, millions of people died during their last night sleep." If you want to donate crypto: L T C : LgdvQDGv4v4krzdmVmozSopdvcLUbpj3Ye B T C : 1Dx6c5e4BNaDMtSBp53dWGExYJccxmqc7k E T H : 0x43e36a719c407285ec3c967857d13e9926771b78 X V G : DFT1FpC1d9MBHfFB7M4UPjorQEfJuFQEoh
by richardwittekoek
XVGBTC potential Cup & Handle spotted. Buying opportunity soon?Verge has been nosediving lately, but looking at the bigger picture on the daily graphs, XVG holders may have reason to be optimistic with the formation of what looks to be a cup and handle! If this proves to be true, the bottom of the handle has not yet finished forming. RSI on daily chart is at the bottom of the neutral zone, this along with the RSI divergence signals that it can go lower. MACD histogram also looks like it can go a little lower. Purple lines are previous support lines. (Top purple line is the resistance line that must break for the c&h breakout to be successful) Red line is fibonacci support line of .236 fib at 571 satoshis If XVG retests and breaks down from 668 satoshi suport line, it should bounce back either around 571 or 500 satoshis, SO...stack buys between 500-571 satoshi range stop loss 491 satoshis *IF* XVG follows this general direction, get an astronaut suit and oxygen tank for a moon mission afterwards
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by NeelDuchiebra
Verge BTC-XVG - Short-term Play - 10-20% Profit PotentialBTC - XVG (Verge) Verge is a perfect Example for a typical "Buy the Rumor, Sell the News" Trade. After rumors came up that Verge will have announce a major Partnership the Price rised nearly 500% within no time. On the same Day they announced the Partnership with Pornhub the Price dropped hard within the next 48 Hours, because off a massive Sell off (Sell the news) We think XVG found its new Bottom and is ready for the next Ride! Also we believe that Verge is a strong and good investment and still undervalued till now, defenetly at least a good Opprtunity for a nice Short-term Profit. Buy Zone: 0.00000740 to 0.00000780 BTC-XVG Targets: 1. Target - 0.00000858 BTC-XVG 2. Target - 0.00000936 BTC-XVG Timeframe: +/- 1 to 14 Days Good Luck everyone Captain Trade BitcoinSector / SignalSector
Long
by BitcoinSector
1
Verge (XVG) Bottoming Out (25% profit potential) Signals: - RSI holding around 40 - Support at 740-780 Satoshi levels - Symmetrical Triangle (Period of consolidation before price breaks up or down) How to trade If BTC can maintain its 8500-9000 range Buy in: 743 - 780 satoshis Sell points: - 860 satoshi range, where previous support and resistance were - 1000 satoshi range, where there will likely be strong resistance Stop loss: - If XVG breaks past down below support of 743 sats (Very safe) - 660 satoshis, where there will likely be significant support (Risky) Please criticize my TA's so I can learn from my mistakes. Good luck.
XLong
by HD1184K
4
Verge Big Perspective | Click the Link For Full AnalysisZooming out from the 1h and 4h charts we can see the development of a symmetrical triangle. Weather we go down to test the lower trend line remains to be seen. A layover of the Fib levels from December and April show an overlap at the 1010-1020 range that could prove to be difficult resistance to overcome when we begin up-trending again. The 100 EMA on the daily is hovering in the 670s that may provide short term support with stronger support at the 0.236 Fib and above in the 600 - 650 region. If you like our analysis please join our telegram where we RSS Feed all TradingView.Com XVGBTC tagged charts from all traders into our stream for discussion. If you chart XVGBTC on TradingView.Com please tag your Verge charts with XVGBTC so your chart can be streamed to the telegram. Feel free to join us on telegram, the link is below.
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by chartagami
XVGBTC - A confused coin amongst tradersHello Folk, After the partnership announcement of XVG, we have seen a big dump in the price. It looked like people were expecting a lot more from Verge (XVG). But we gotta stick to a fact here. Whether it is pornhub or some other company, any sort of partnership is always a positive news for any company. Unlike other coins, verge is at least able to prove its worth. This might just be the beginning. Lets look at the chart. I have drawn some support levels in red if at all we break the 0.618 fibonacci level. RSI is pretty low and MACD is looking good as well for a potential price bounce here. We might see an upward trend coming up soon, unless we see BTC going down. Given, that XVG had a pretty fast rise in price, we might see consolidation for a while, and if it breaks down the 0.618 level, we might test the supports marked in red. Marked in black are the resistance levels which will be important once we start heading up. These levels will help move up your stop loss and for a possible exit from the trade. Lets see first if we are able to hold the current support level for a while before heading up. If you are looking to enter, always enter when it just starts going up (on a bounce) or buy when it very low at a price you are comfortable. I will update this post once we start seeing some action. Happy Trading! You can always join us on telegram for signals and healthy discussions. See below.
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by MoneyChartz
Golden Crosses and Bullish indicator should bring us back to 0.2On the Red (B) we are expecting a golden cross which should, in the short term, shoot us up close to $0.80. Notice the 55 day and 100 day moving average (MA) golden cross on the four-hour chart to make this happen! Non-Verge family coins are doing well so they might steal the show for a bit. IF we go lower towards red (C) it could be because the 100 day MA will be hovering above us. Accumulation zone is $0.05 to $0.07, during the last week of April. Difficult to call this bottom because XVG is so volatile.. The REAL golden-cross may occur between orange point (1) and orange point (2), marked with a golden plus. We are expecting the golden cross of 100 day MA and the 200 day MA. This is a very bullish signal and may propel Verge to the previous all time high. Further, there is a possibility that these trades create an inverse head and shoulders pattern confirming the bullish sentiment. I believe another partnership announcements will blow Verge off the roof! They have XVG 11 million in their wallet, which they could spend before May so we looking pretty in the short term! I might sell on 13 or 14 May so we can buy some BCH and benefit from that hard fork! THIS IS NOT A TRADING ADVICE JUST MY NOVICE OPINION!
by RollingInTheDeep
Breakout to the Downside Underway, Waiting ConfirmationVerge broke out of its pattern. It was sandwiched by an upper and lower trend line. 100 and 55 EMA also added pressure with the price being able to break above even the 8, 13 and 31 EMA. Prior low of 739 (Binance) will confirm a lower low and possibility of a falling wedge pattern. This is a bullish pattern that once complete will bring us to enter a new impulse wave up towards higher highs. However correcting to the 0.236 fib level would be in its sights. Eyeing price above or below 739 for confirmation.
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by chartagami
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