Verge (XVG) formed bullish BAT for upto 78% moveHi dear friends, hope you are well and welcome to the new update on Verge (XVG) coin.
On the weekly time frame chart, the price action has formed a big bullish BAT pattern. There is also 200 simple moving average support below the buying zone.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Verge
XVG/USD Good OpportunityHello everyone, friends. XVG is one of the best cryptocurrencies from the past to date. Community support on social media is quite high. You know what they did in the 2017 bull. My personal opinion will be as I have indicated in the minimum graphic. This is not financial advice.
XVG update....Wave 3 still in progresslets see where this goes, but ATH repeat is not out of the question so long as Verge can keep the momentum and quickly regain some lost ground.
Verge bull idea XVGDaily chart for verge
This is the strongest Fibonacci circle trend available
A drop can be seen on .618, price recovered
and the current drop on 1.618, recovery likely?
XVG is breaking his correction line for the first time!So xvg had a pretty deep dip. Right now, is the first time after the last high, that we are breaking a resistance line in the usd chart.
This week should be green over all in the crypto space.
I expect a rising in xvg bc we also have the halving in Q3 later this year.
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Bullish signMajor price rejection shows that the bulls are still in control. I expect price to rise dramatically soon
🆓Verge (XVG) May-17 #XVG $XVGXVG has dumped about 50% from the peak at 0.085$ zone and it's time to start accumulating XVG for a recovery up to 0.07$ zone
📈BUY
-Buy: 0.044-0.046$
-Buy: 0.039-0.041$. SL if B
📉SELL
-Sell: 0.0535-0.0565$. SL if A
-Sell: 0.0685-0.0715$. SL if A
❓Details
🕯Timeframe : 12 Hours
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
VERGE - Wait For The Trigger!Hello everyone, if you like the idea, do not forget to support with a like and follow.
VERGE is overall bullish trading inside the blue channel , and since it is approaching the lower blue trendline, we will be looking for buy setups on lower timeframes.
on H1: XVG formed a valid trendline in red but this setup is not ready to go yet. We are waiting for the buyers to take control. (projection in purple)
Trigger => Waiting for a momentum candle close above the last swing high. (gray area)
Until the buy is activated, XVG would be overall bearish and can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Strong support= good buying opportunities Major price rejection around 0.45-0.5 area. Chart consolidating on 30 minute time frame, signs of trend reversal. This week could be a green week for verge.
Verge to surgeLooking at the 2017-2018 chart on coinmarketcap.com, there is major resistance at 0.08,0.09, and 0.1, Once verge breaks above 0.1, it will test ath and ultimately go above 0.45. Verge is a privacy coin with a good use case and it is being used in real life. Im looking at verge as an investment and it could potentially be one of the top coins.
XVG, long term down trend brokenLong term 3 year downtrend from 5/8/18 broken and we're above kissing 2019 resistance.. Will the bulls show up here to give this XVG another pump?
Lots of emotion and trapped money on this coin. Historically this has been a fairly hype driven coin, i don't keep up with the fundamentals on this one, but looks to me that its coming to a decision point that will decide market direction for the next 6-10 months.
XVG/USD Wealth KeyDoge can make surprising moves like coins.
Another coin with great potential is Bitshares. BTS and XVG can both be your fortune key. Everything you get your heart desires.
I will be glad if you follow and like it. :)
It is not investment advice.
