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Xvg

[$XVG] Triangle Breakout for the VergeFR/EN FR Verge a connu une croissance historique en 2017 et a lentement décroit pour rentrer dans une zone d'accumulation depuis Aout 2019. Depuis plus de 10 mois , Verge est dans cette zone de d'accumulation avec la création d'un triangle de congestion et nous avons cassé ce triangle + retest et cela, depuis quelques jours. Interessant de voir les jours à venir pour un retest de Kijun Weekly voir la SSB du Kumo Weekly Trade Safe , Stay Safe ! PEACE ! --- EN Verge experienced historic growth in 2017 and has been slowly declining into an accumulation zone since August 2019. For more than 10 months, Verge has been in this accumulation zone with a triangle of congestion and we have broken this triangle + retest , since a few days. Interesting to see the coming days for a retest of Kijun Weekly or even of the SSB of Kumo Weekly. Trade Safe, Stay Safe ! PEACE !
Long
by NicoDCrypto
XNGUSD can make another attempt to breakout the cloudHi guys and gals and welcome to the new update on Verge coin. There are only few hours left in Verge block reward halving. As for now, the block reward is 400 coins per block and after this halving event, it will be decreased to 200 coins per block. This means that the supply will be decreased and for example if that demand will remain the same. Then automatically the balance will be changed and demand will be increased. And as a supply and demand rule of trading the price can be increased. Struggling to breakout the 100 SMA on long term chart: Now if we watch on the weekly chart then after breaking out from the falling wedge pattern. The price action is still struggling to break out the 100 simple moving average. The SMAs on daily chart and expected golden cross: On the daily chart the price action is above all simple moving averages. The 25 simple moving average is moving up to provide the support to the price action. And the most important thing on this chart is that 50 simple moving average is likely to form the golden cross with 200 simple moving average. Once it will be formed then it will become a very strong support for the priceline and a strong bullish signal as well. On The 2 day chart the different support and resistance levels can be seen very clearly. At this time the price action is likely to move down after being rejected from $0.0075 resistance. The XVG has the recent support at the $0.006 and if it will be broken down then it has next support at $0.005. If the price action will break out the $0.0075 resistance then the next resistance will be at $0.0085 and after that we have the big resistance at one cent. The ichimoku cloud on long-term is still bullish: Now I would like to draw attention towards a very powerful bullish gesture by the priceline of Verge currency on the weekly chart. And that is the Ichimoku cloud has turned bullish and the price action is entered in the cloud. At this time XVG is having support of the conversion line and baseline as well. The lagging span has already crossed up the price action and the conversion and base lines as well. Therefore we can expect that after this correction move the price action can start another upward rally to make another attempt for the breakout. Once the cloud will be broken out then it will become a very powerful support for the priceline of XVG coin that will be helpful for the long term bullish rally. Conclusion: On the short-term and midterm the price action of XVG might move more down to re-test the previous support level or at least the 25 simple moving average on the daily chart. However, after the correction rally it can start another strong bullish rally to break out the bearish ichimoku cloud soon.
X
by moon333
XVGBTC completed bullish setup for upto 4470% big moveHi friends is hope you are doing well and welcome to the new update on Verge coin. The XVG coin has surged more than 500% with US dollar pair and 205% with Bitcoin pair. In my previous post I posted analysis with US Dollar pair if you missed that then here is the link for that post: In today's post, we will watch the movement of XVG coin with Bitcoin pair. The formation of Shark and powerful bullish divergence: On daily chart the price action of XVG formed a bullish shark from October 2019 to the end of January 2020. And after entering in the potential reversal zone the price action moved up and after a small bullish rally dropped down again in the potential reversal zone then took another powerful bullish divergence and produced more than 205% bullish rally. Different indicators and oscillators and turning bullish: If we watch the different indicators and oscillators on the daily chart. Then stochastic oscillator has given bull cross from the oversold zone, the MACD is also turning bullish and if we watch the directional movement indicator then positive directional indicator is already above the negative direction indicator. And the ADX is up with the value of 45 that is showing the power of bulls. Therefore we can expect another upward move from here. The simple moving averages and another bullish spike: If we watch the different simple moving averages on the daily chart with the time period of 25 50 100 and 200 then it can be clearly observed that since the price action has crossed up all these moving averages after that for the first time the priceline is retesting the 25 simple moving average as support. And after moving sideways on this 25 SMA finally the price action has spiked more than 15% in a single day. And the more important indication on this chart is that we have the smallest time period moving average above all other simple moving averages and the biggest time period moving average with time period of 200 below all the other moving averages. Therefore a complete open alligator mouth is formed by the simple moving averages that can be a really big bullish signal. A big harmonic Shark move: Now I would like to share a very important harmonic move by the price action of verge coin on the long-term monthly chart. And that move is the formation of bearish Shark pattern. I also shared this move of XVG coin last year in July 2019. And at that time I found that the price action has found a final support at 0.00000048 sats. Therefore it would be difficult for the priceline to break down this level. Since then the priceline is moving above this level in the potential reversal zone of bearish Shark. And at any time it can start the formation of final leg. And the completion of this leg can lead the price action to produce up to 4400% big profit move. However I have defined two type of targets 1st one are the secure sell targets and other one are the aggressive sell target up to the completion of shark’s leg. And these targets are as below: Buy between: 0.00000208 to 0.00000048 sats Secure sell targets: 0.00000671 to 0.00001331 sats Aggresive sell targets (Upto the completion of Shark's leg): 0.00001793 to 0.00002194 sats Conclusion: If we take a look at the history of the price action of XVG coin. Then it can be seen that whenever the BTC turns bullish the Verge coin turns more bullish than Bitcoin. The obvious example can be seen in 2017. Therefore when the Bitcoin will start the next big move the XVG has potential to produce more powerful move than Bitcoin. Therefore we can expect a big move by the Verge coin to hit the sell targets as per above pattern before the Bitcoin achieves any big price level.
Long
by moon333
3
XVG Pre Halving Analysis.. Halving Run?!XVGBTC - yes... xvg I wouldn't normally post this, but with the XVG halvening coming up in a couple weeks (16 days), this could be the catalyst to run.. There's some increasing volume coming in over the last 2 days and believe it or not, i'm looking at potential entries here. We've seen the typical 50 fib bounce and we're still ranging within this 2 day cloud level.. Top levels highlighted above, but remember with halvIng events, anything can happen so i'd be very careful a few days out or a few days post for a potential savage dump, as we often see with halving events..
XLong
by Unity-Trading-Group
XVG entry opportunityPlease feel free to comment or challenge me on my TA. If you like my idea, please leave a like to show support. -------------------------------------------------------------------- XVG or Verge has - like many others - been through a several month period of consolidation. The yellow box goes all the way back to the beginning of Juli 2019. So that's almost twelve months of rangebound "action". This meant that XVG was overdue for a breakout. It wasn't as fierce as the one we saw on Zilliqa or Cardano. But fortunately this puts Verge on my "to watch"-list. - Breakout of 45% - Descending wedge/channel = bullish - Found resistance at the weekly level (101 sats) - Had a healthy retracement - Volume is declining I'll be looking for a further continuation down towards the weekly support level around 66 sats, which is also the top of the range Verge broke out of. Targets: - 77 sats (16%) highly probable - 82 sats (23%) highly probable - 101 sats (52%) ambitious *No financial advice, just my own perception
XLong
by Coinathlon
1
2W Chart, Risk|Reward, $0.015 first targetIf we zoom out and look at the macro trend there is evidence to suggest that we are in the start of a bullish cycle. XVG has already increased by roughly 400% from the capitulation wick down. We are currently finding support from the resistance we crossed at $0.004 and should expect another move up after consolidation. The 2W candle has closed above the 20MA and the next target is the 50MA, on a larger macro move. We could eventually go as high as $0.025 before getting rejected back down. Using the Risk:Reward metric will allow for trades where the upside is reasonable and the downside is manageable. Trade safely.
XLong
by VergeBull
XVG Rocket style i want be clear on this analyse because that one is very simple if you play it on Long Term. You can Compare directly XVG to ZIL ( because Zil mooned days ago ) + i am checking XVG from ages. i used Bittrex Exchange because XVG is listed from long time on it, so my indicators are more accurates. i used only ichimoku cloud + 3EMAS 50/100/200 (Green/Orange/Red). Don't forget this analyse not including BTC movements and like 99% of the time, if BTC dip hard XVG won't support his uptrend and crash with BTC. but we have signs off a Rocket mod... So XVG Broke the first soft resistance on EMA50 (Green Line) and passed 60 Sats. Now XVG is trying to break EMA100 (Orange Line) to enter ichimoku red cloud around 108ish Sats. if this one can be broken surely XVG will go retest EMA200 (Red Line) around 150 Sats. So if we breaks 150 with a strong breakout, we will be in a free rocket mod and i can see XVG going to 1000 Sats and here we have old resistance on ichimoku cloud and we can see it clearly. i want to tell you all that this is not a recommendation of buying XVG because it's still dangerous to invest, don't fomo to fast, wait for breakouts, invest the money you don't need for living always! i will add far view on XVG to show everything clearly. Happy Tr4Ding and Stay S4fu !
Long
by thecryer
6