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XVGBTC

XVGUSD(T) - The original shitcoin. Upside potential or scam?To keep myself accountable and keep practicing my TA I'll be charting the top 100 crypto's by marketcap over the coming fews days. Any feedback and tips are welcome. The original 2017 shitcoin, XVG Trend: bullish (HH, HL's, upward channel) Notes: - Healthy uptrend, holding decently even with the current BTC pump that is happening - Beautiful retrace to 0.382/0.5 fib level after the large wick - Currently struggling to break/remain above W1/M1 resistance level - Lowish volume Trade ideas: - XVG still feels like a shitcoin, would personally stay away - If you do want a trade, I'm expecting a bounce on the Feb open/0.5 fib level before another leg up - Alternatively a bounce on the bottom of the channel/0.618 fib level before we bounce up
XLong
by Sidders
4
XVGBTCHello everyone, this is another update on XVG (Verge coin) . Looking at Volumen we can see that there is a big spike in buyers, so you may think, why does the price don't go up? The basic analysis of support/resistance comes to my mind. After finding resistance at 1 fib extension, we may see a pullback all the way to 39 satoshi where lays 61.9 FIB from last rally. There is nothing to be worry about, another oportunity to get some more of it. Also bitcoin rally does support verge price to USD. Now we are awaiting for a stron rally towards around 70 satoshi. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
4
XVG/BTC / D / UptrendThis is not financial advice, this is just my perspective. We are now trading above the 200EMA line, this could be an entry point, expecting the uptrend to keep going unless we start closing candles below the 200EMA. We also have seem some volume coming in the last couple days. Consider the fib levels based of the previous downtrend the next resistance and possible exit points in the future. Don't forget this is the 1D chart so this can take a while. Let me know what you think. Don't forget to follow if you would like to see more alt coin charts in the future. Bless you all.
XLong
by Crypto_Jay
1
Verge XVGBTC trying to break resistance from 2017 December Hi everyone, we are in critical moment for verge, as we approched resistance from december 2017, from where verge skyrocket, now is th final word for it, will it break it and skyrocket again? In cryptomarket, everything is posible !! keep that in mind. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
XLong
by Coder775
4
Decision time for XVGBTC (Pitchfork, Daily)Simple rules for a pitchfork chart: * Price tends to gravitate towards the median line. * When price breaks the median line there is a high chance it will pull back to retest again the median line. * When price breaks the Pitchfork channel on the opposite side of the channel direction, there is a shift in market sentiment and the trend can reverse. Right now we're at point 2, the price has broken above the median and retested. However the price is also testing a significant horizontal support level at 33 sats (purple line). If the price falls below 33 sats, I believe a new ATL is likely. If the price breaks above the pitchfork channel (point 3), that will signify a trend reversal and should be a good indicator to buy. See for an upside trade possibility.
X
by monochromatic
Continuation of downward pressure - Race in 1d & 2dWe are still experiencing downward pressure. We are currently in a "Race" between the Energy in the 1d & the Red RSI in the 2d. In order to see a possibility of a reversal of upward pressure, the Energy in the 1d needs to close above 50 before the Red RSI in the 2d crosses below 50. Near Term TF Group. In this TF group we can see that in the 1d & 2d the Green is higher than the Energy, if this remains the case we do have potential in these TF's to see a higher high. For now we can monitor for reversal signs. I have marked this as neutral. Trade safe aBL
X
by aBitLong
2
VERGE(XVG) HALVING PUMP IS COMING, GET READY!🔷The next halving for Verge (XVG) will take place on approximately Mon, 25 Jan 2021 18:38 at block number 4700000 and the mining reward will reduce to 100 XVG for each block. So we can expect some huge and profitable pumps to happen before or after the halving. This is a very nice opportunity to buy some XVG before the halving event and we don't want to miss it. 🔶So here is the plan: We enter the market at price of 0.00000036 or 0.00000037 BTC for each XVG. as the price goes up and we reach each of the targets, we start selling some of our XVG, but we start with selling very low amount for the low targets(like target 1 and 2) and then sell a little more when we reach the medium targets (target 3 and 4), for the target 5,6 and the higher ones you have to decide based on how the market is reacting to the price, you can decide to exit the market completely or wait more to see what happens. 🔻Remember that this is my personal idea and point of view; you should always do your own analyze too and know your trading plan. You are the only one who is responsible for your trades. What do you think about this idea and the incoming halving? Let me know in the comments and also don't forget to like if this idea was helpful. Thank you, and Good luck :)
XLong
by ZED_ONE