$XVG Round Two!Acquire 53-56
Targets:
Pivots: 63 > 73 > 84
Fibs: 57 > 61 > 62 > 65 > 68 > 76 > 80
Weekly Resistance: 58 > 61
3D Resistance: 67 - 71
Daily Kumo Resistance: 80
Daily 100MA: 79
8HR 200MA: 59
Stop loss ~ Where you see fit. have your own risk management strategy.
Xvg
XVGBTC both scenarioXVG is located in a sensetive zone, there is an Ascending Triangle in this chart and if it breaks from each side price will continue to that direction !!!
The possible zones which price can touch has been shown in the chart by white lines.
According to Andrew's Pitchfork's Tail which located in into the fork and reducing momentum, it seems that price prefer to stay in Andrew's Pitchfork.
If price can break triangle from upper side we will have these Targets:
TP1 : 0.00000062
TP2 : 0.00000090
TP3 : 0.00000158
SL: 0.00000038
$XVG #VergeCurrency - history to repeat? This cannot be ignored.Self-explanatory.
What do you think?
Yay? Nay?
Does history repeat?
Is this a rhyme?
XVG will back to channel and test resistance?From ATH %98 lower XVG may return the channel. It needs to break 2 resistances. First:52, second:62
then it is possible to see 160's. If altcoin party starts we can see new high levels.
Good luck!
XVG Still Holding StrongWe still see a bearish trend for XVG however, starting to show some strength and a possible breakout is on the cards in the future. Again just need to wait on Bitcoin
XVG Pop - Long Momentum Can It Continue?News coming out of XVG is positive. Still in a bearish trend but a possible breakout is on the cards...
$XVG - TRADE IDEA$XVG
Short / Mid / Long term Scalp/Trade/Swing
Acquire : 44-46
Targets :
Fibs: 53 > 71 > 75 > 102 > 109 > 123 > 138 > 145 > 172 > 176 - 195
OBs : 68>71 ~ 103 > 134 ~ 156>183
Moving Averages : 50MA Daily, 100MA Daily and 200MA Daily.
Pivots : 63 > 72 > 88 > 97 > 106 > 115
Use your own risk management strategy with this trade. As it's a LOW SAT coin they're very hard to manage %'s because each 1sat is over 1%.
Trade Safe.
POSSIBLE LONG Opportunity For VERGE ApproachingVerge right now is clearly still trending downwards but it looks like it MIGHT be time for it to break up to at least the upper trend line again.
It's also currently re-testing the previous all time low that it just went below a couple of days ago so to be safe the most recent downtrend certainly needs to be broken!
Watch this chart to see when the downtrend breaks!
Remember, "The trend is your friend!"
Make sure to follow me for more Crypto and Forex charts!
Feel free to leave a comment below as well but please be kind in any comments with a focus on all of us growing together!
After all, we're all here to learn and make money right?
xvgusd falling down the support line with -50% crush potentialVerge is at dangerous level breaking of which could result to -50% crush
CORRECTED! $XVG #VergeCurrency Macro Elliot Waves - Wave 3?I had to redo my EW attempt because my original one failed 2 of the 3 Cardinal Rules of EW Theory:
Rule Number #1: Wave 3 can NEVER be the shortest impulse wave
Rule Number #2: Wave 2 can NEVER go beyond the start of Wave 1
Rule Number #3: Wave 4 can NEVER cross in the same price area as Wave 1
I would like to hear your thoughts, comments, suggestions, etc.. and would love to see any long term EW charts you may have of other low cap coins like $HOT, $NXPS, $BTT, etc..
I feel we are at the bottom and cryptos which are in continuous development like #Verge have tremendous promise to change the world.
XVG/BTC - High Risk High Reward - Huge Bounce Possible...XVG is always a talking point. Verge is a really good and quick cryptocurrency but due to it's supply and amount of bearish pressure it has had a big rundown to the floor. It is still in a bearish cycle so wait for entry. Remember a tight stoploss but this could have some monster gains if the altcoins do pick up.
$XVG #VergeCurrency Elliot Wave Long Term - Wave 3?I am fascinated by EW but I am no expert....or am I?
Care to share your long term EW analyses on low caps like $HOT, $XVG, $NPXS, $BTT, etc..?
XVGUSD LONG-TERM TREND LINE- As the weekly moving averages are getting closer and closer, it looks highly possible that XVGUSD can touch the main trend line once again when the next bull cycle starts.
Fundamentals looking very strong:
- Verge FCAS (Fundamental Crypto Asset Score) is A (789)
- It is one of the 58 coins chosen by Ice Markets (mother company of BAKKT) to be included in their data feed on NYSE.
Source: www.theice.com
Verge To Challenge EMA50 For The 1st Time Since May (147% PP)Verge (XVGBTC) is going to challenge EMA50, which is sitting at 76 satoshis for the first time since May.
From the current price, that's about 15% profits potential... But that's not all, we believe that it will go even higher and challenge EMA200 at 135 satoshis, which can generate up to 100% profits.
The downtrend has been broken and XVGBTC is now trading above EMA10.
You can find additional targets on the chart above marked with dashed magenta lines.
The bottom brown line is our stop-loss. Only a full candle close below this level would invalidate the above setup...
Wishing you a great weekend as well as lots of wealth, happiness and success... And remember, that you are a Divine Soul, and you will always Deserve the Best!
Namaste.
#XVG : Up to 300% Profits Opportunities For The Mid Term.#Accumulation_Recomendation
#XVG / #BTC
Accumulation Area : 63 sats - 66 sats
Distribution Areas
Target 1 : 78 sats
Target 2 : 93 sats
Target 3 : 106 sats
Target 4 : 118 sats+
Stop Loss : 55 sats