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Verge

XVG bullflag- 4h huge MFI/RSI divergenceVerge/XVG has formed bull flag pattern and it's currently bottoming inside of it. Bullish divergence is visible on both MFI and RSI across all hourly timeframes. Entries: Very aggressive: 0.022 Aggressive- after mid-channel trendline and previous highs from July 2021 level is reclaimed (0.02440) Safe- after upper trendline of the channel or 0.3016 is reclaimed Long term targets only: TP1: 0.3099 TP2: 0.3405 TP3: 0.3727 TP4: OPEN++ (short-term traders will figure this out themselves) Remember about risk management, especially that BTC has been quite volatile lately.
Long
by V0VOLAN
Inverse cup and shoulders fractal Anyone else noticing this on the long time frame chart? XVG currently looks like it wants to pump upwards which should compete an iH&S going back to May 20th. If this iH&S plays out then the upside should take us close to the neckline of a large iH&S going back to early 2018 AND complete a very large cup and handle pattern in the process. Tee odds are once this horizontal line breaks then the price will go much higher. The final proof is that there is an almost exact fractal of the same scenario if you look at the circled price action in 2017. I won't give any targets but you can leave yours in the comments if you feel like it. Keep in mind this is an almost forgotten coin but IMO technicals can outwiegh fundamentals in the altcoin casino. Peace Harmonic 33
XLong
by Harmonic33
3
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.
X
by SpartaBTC
8