XVGBTC ObservationAn observation for Verge on the BTC pair
Rise then decline following, leading to large m00nsh0t
Can be seen in two variations previously, and is very comparable to the current state of price action
Xvg
XVG HEAD AND SHOULDER FAILat some point too much time has passed for the head and should pattern to break down
are we seeing this now?
XVG / USDT Large cup. Rollback.An almost perfect cup with a base of 2000% formed. Rollback from the resistance of the cup (yellow level) by -81%, the price is at the dynamic support of this formation.
If there is a local reversal breakout of the local downtrend (red). Potentially, within the framework of the formation of the 3rd phase of the cup, the "Dragon" formation is being worked out. The resistance of the cup to fly on this "rocket plane" is about + 180%.
This coin on coinmarketcap: XVG (Verge)
XVG / USDT Local work. Large cup. The Dragon.
If the price overcomes this resistance and consolidates, then the potential for working out the "cup and handle" is enormous (the bottom of the cup is 2000%). The target are impressive, but it probably won't happen now. To the historical highs of these values + 900%.
But do not forget that from the 2nd phase of the cup (accumulation after reset) the price is now about + 560% against the dollar, take this into account in your trading. Comply with risk management and limit them.
Verge (XVG) ideaAn idea for XVGUSD
Comparing the 50 and 200 MA and what occurred after these MA's were established
the 200MA is extremely flat currently, similar to the 50MA before it previously m00nshot
This may be a nice indicator for Verge's next huge upward move
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.
$XVG ichi alignment... @cryptosays @Anbessa100 send it boys!XVG/BTC pair breaking above the cloud and turning cloud from multi year resistance to support. BTC bottoming. Green bullish ichi twist... lagging span breaking above the cloud and turning it to resistance. VOLUME whales accumulating YUGE positions. This things primed for a ballistic break out. DO NOT be shaken out, do not buy into the FUD do not sell them your coins cheap. BTFD and HODL till MOON boys.... buy your self a lambo.
$XVG to $4 EOY?? FIB time price SENDLiking the curve here... BTC bouncing XVG bouncing.... the time is nearing. HODL XVG! #DOGECOINDARK
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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🆓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