XVGUSD Possible bullish movement 4HR
After cooperation with the platform Pornhub seems like
verge making good bullish movements
depending on the breakout of the pennant
The MA's looking good for a crossover that signals us to a possible new trend
target is the weekly resistance at 0.09$
Verge
Breakout Regions & Critical Support Regions IdentifiedVerge breakout past 820 was rejected by trend resistance. Further attempts at the trend line will be needed. Primary and Secondary regions give Verge this chance. Critical support levels need to be adhered to. Failure to hold critical support could take us on a journey down tot he 0.236 fib level in the 500s. Breakout from trend resistance will put us on the path towards the 0.5 fib level around 880.
xvgusd Verge long at 0.071Verge is coming out of a rounded bottom .
The retracement after news has been steep but for the last few days this uptrending slope has held
Stop 0.069
Profit target can be at the top of the slope or edge of the ellipse. I will look for a target with an Andrews pitchfork . See below
I would expect a bounce at 0.100
750 Fib support tested and holding, Next Fib target 880XVG held against the 0.382 Fib level and can move upwards to test the 0.5 Fib level at 880 in the near term.
Support found at 750XVG has been forming support between the 750 and 800 range for the past 24 hours and is looking to break back into the 800s.
Bitcoin - The Path To $11,600 Altcoins For The Ride
Current Analysis
This chart is to show first of all the path to our current price at $8950. From here, to have a healthy run up, I feel we need a pullback to at least #4 of the current Elliot wave I've drawn. That price is about $8370. Then BTC can begin a new leg up to the area of $9785.
Trade Planning
So I plan to enter a trade in the area of $8400 and hope to exit with profits in the area of $9700. This is based on analysis of Fibonacci levels, Elliot waves, and past support\resistance levels.
The Path to $11,600
What follows is speculation and not prophecy, Drawing out a plan for the future even if only speculative, provides a framework for planning future trades. After reaching $9785 or that area it would be normal to have a corrective wave like that drawn, followed by another impulse wave upward.
Again these price levels are a combination of Elliot wave speculation, actual price history and Fibonacci levels. By the combination of these tools I see what seems to be a reasonable path to $11,600 in early June.
Altcoin Trading and Investments
There is much you can infer about the price action of the Altcoins from the price movement of Bitcoin. History shows even greater gains can be had in altcoins during a run up that in Bitcoin alone. I have a series of charts on various Altcoins that I favor, In general I only write about Altcoins that I hold in my long term hold portfolio, IE: the 80 to 90% of my portfolio that I do not trade but hold as investments.
XVG still in correction channelVerge has been following the natural correction channel despite the unusual peak up an down due to the Mindgeek announcement (in green)
It will probably correct further till the 0.6 range (around the golden ratio) after that we will have to see if the announcement has had a negative impact on XVG hodlers or if everyone was talking fud.
If a new wave structure starts to form I would suggest stacking up some extra Verge due to the big marketing campaign behind the new Verge partnership.
"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
Verge testing important supportLooking at the 1 hr, XVG is about to reach its former breaking point. If it breaks around 740 and continues to fall, I would take out money. If it finds support around this level and/or continues with the trend, it's possible it has hit a higher bottom average for the time being, but it could continue to fall. Trade safely!
The "Pro" title in my name means nothing. DYOR.
vergeThese are the moves I see verge making. Join my group to get all the details as to why and exact entry points
XVG/BTC... 4hr Binance BullFellow traders and followers, I had to preface this to say that I will not be able to devote as much time to assisting and working with our fellow traders as frequently. Yes, I did and will ALWAYS say that I am a technical trader and ultra long term Crypto Bull--on a few particular coins ;-). However, longmoney has taken a lot of profits during this correction. And I have some needed upgrades to attend to in order to accommodate my trading setup.
But longmoney isn't leaving Tradingview. I give back because the more money I make, the more money we all make. I will be upgrading my Account Subscription plan to accommodate more time to my new trading setup and long term trading goals and needs. Once that is complete, I will be able to add other website and contact information a la carte.
TA:
Low risk/Ultra High Reward. Do I really need to put the risk/reward chart? You're attempt is to TA and delete and only leave remaining what is necessary. It helps others see how you lay the roadmap.
--longmoney
XVG over 40 RSI all set for breakoutThe next 24hrs should see some good positive growth for Verge
- The RSI is now over 40
- The trading volume is up
- MACD is about to cross over
I don't think we will go past the 1100 but I would watch the RSI as an indicator
I will probably sell 20% at 1000, then 70% at 1100 and the rest at 1200 if it makes it, (otherwise have a stop loss at 1100).
I would keep raising my stop loss to be 10% below the current price for the next 24hrs as well.
XVG bounce back short termOversold. We broke the downward channel. Now looking to break out of the bullflag to shoot up to around 1025-1100 (length of pole). Back to resistence around 940-970, thereafter last time shooting up before longer consolidation period (which might end sooner because of news about listings etc.)
VERGE: CRYPTO BOTTOM SIGNAL = 15.12% PROFIT!!!Our "Crypto Bottom" Trade Signal has correctly identified a buy in point on the 19th of April 2018.
Using this buy in point and selling at today's price, you would have expected to net an AMAZING 15.12% PROFIT!!!
Investors have seemed to News of Verge's partnerships with adult entertainment companies (Pornhub and Brazzer's) seems to have initially caused the price to drop (after a substantial period of hype) but buyers are not returning in full force.
Other positive developments include:
1. Binance Plans To Add USD To Its Verge (XVG) Trading Pairs
2. Pornhub has received "thousands" of Verge payments over the past 3 days (with the anonymity of the currency allowing users to make private payments)
XVGBTC Bittrex 4H up to 19APR18 Trading Analysis (TA)XVGBTC Bittrex 4H up to 19APR18
4H Chart, also works in 1H, at this time the Verge (XVG) has been floating on SUPPORT ZONE 1 for a couple of days after a crazy rally and reverse from over RESISTANCE ZONE 2; the 50,100,200 MA indicator already crossed and is beein moving into an descending pattern (Orange Alert) but when you see it in 1D chart is about to cross in an ascending pattern, the RSI (Green Arrow) is been ascending since midnight and the MACD is piercing (Blue Arrows), if this keeps this way will meet again RESISTANCE ZONE 1 to then move forward RESISTANCE ZONE 2, but keep always in mind that also may go down. At this time the Market Cap in hovering over the 365 Billions. Good Luck!
4H Chart, también funciona en 1H, en este momento el Verge (XVG) ha estado flotando en SUPPORT ZONE 1 durante un par de días después de una apresurada carrera y reverso luego de traspasar la RESISTANCE ZONE 2; el indicador 50,100,200 MA ya se cruzó y se está moviendo hacia un patrón descendente (Alerta naranja) pero en el gráfico 1D está a punto de cruzar en un patrón ascendente, el RSI (Flecha verde) ha estado ascendiendo desde la medianoche y el MACD esta cruzandose (Flechas azules), si esto se mantiene de esta manera se encontrará nuevamente con la ZONA DE RESISTENCIA 1 para luego avanzar nuevamente hacia la ZONA DE RESISTENCIA 2, pero tenga siempre en cuenta que también puede caer. En este momento el Market Cap se encuentra sobre los 365 Billones. ¡Buena suerte!
"Bitcoin will do to Banks what Email did to Postal Industry / El Bitcoin le hara a los Bancos lo mismo que el Correo Electronico hizo a la Industria Postal"
REMEMBER: I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. RECUERDE : No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompañe es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.
Where Does Verge (XVG) Stand After Its Recent PartnershipA lot of analysts have been skeptical of Verge (XVG) from its very onset. Don’t get me wrong, I’m all for growth of the crypto market and I believe there is enough room for all projects to grow and thrive together. A lot of new traders ask me, “What do you think of Verge?” I reply to them, “It’s a more sophisticated Bitconnect”. What I mean by that is that scams like Bitcoin just take your money and run. Projects like Verge (XVG) keep you thinking that it’s all good and you can still make money. Now, there are traders who ride the way up and down and make money. Verge (XVG) has had some impressive rallies in the last few days and I’m sure skilled traders would have made a lot of money off those pumps. However, there are always some that are left holding the bag. It is a zero sum game; somebody has to lose in order for you to win.
Read more on this analysis here: cryptodaily.co.uk
VERGE: 87.34% DROP IN 24 HOURS!!!POTENTIAL BUYING OPPORTUNITY???Verge has dropped by 87.34% from it's peak on 17th April 2018.
The "Crypto Bottom Signal" and "Crypto Scalper Signal" have identified buy in points as at the 19th April 2018.
News of the acceptance of Verge as a method of payment for Pornhub and Brazzers has seemed to have fizzled out on the market.
Will Verge be due for ramp up?
