XVG And The Bullish DivergenceXVG is traveling in a descending channel on the 4 hour chart, while RSI has formed a symmetrical triangle. This has formed a long term bullish divergence (lower lows in price, higher highs in RSI). A bullish divergence in oversold territory is a "sweet spot" for me in trades, and is what I look for when attempting to predict a significant break out. Be careful, as BTC is still ruining setups - but this is starting to look difficult to pass on.
XVGBTC
Verge. To be or not to be. I there's the point.Let's start with the 1W chart:
Early bullish signal on EFI(2) - positive divergance
Momentum and Rate of Change indicators become bullish
RSI and STOCH neutral 38 and 52 respectively
52MA and 26EMA (~640satoshi Stop Loss level) support line
13EMA (~730 satoshi) resistance (BUT weekly candle not yet closed, in my opinion, it will about EMA)
1D chart:
MACD become bullish spring is coming + possitive divergance as on EFI(13) and EFI(30)
RSI, RoC, Momentum indicators turned bullish, STOCH - oversold.
4H chart:
Rectangle was broken. Minimum target 735 satoshi.
Buy level:
Risky option - now
Safety:
"a" after sustain about downtrend channel
"a+" after sustain about BLUE line overhead resistance
"a++" after sustain about downtrend line (Purple line) 1D chart.
TP target:
1 - 1445 satoshi
2 - 1977 satoshi
Some events here:
1 - twitter.com
2 - coinmarketcal.com
Your opinion is very important for me. Feel free to comment.
PS I have ETC chart, would you like to see?
Verge forming Double D Cups??? LOLI was just trying to find some sort of trend and see what could be expected but I didn't realize this!!!
Verge XVG looks bearish! SellXVG Verge XVGBTC BTC
XVG has broken through its old support of 638. This is a very bearish signal.
We need to watch XVG very closely as it might rebound off the last support, however most likely drop to further lows.
#Verge Entry:600-610 sats (if Support at 200DMA holds) $xvgVerge has retraced beyond the 61.8 fib resistance and it is currently trading below the 20,50 &100 DMA's
Good support for verge will be the 200DMA level which coincides with the 78.6fib support as well.
If the 600-610 support region holds then we can expect a bounce to upper resistance levels for #vergebtc
Target 1 will be:780-820 sats around the resistance confluence zone including 61.8fib resistance along with 20&50 DMA's
Target 2 will be:980-1020sats around the 38.2fib which also lies around the 61.8% (reverse-fib) of the move from wave 1-5.
www.tradingview.com
xvgusd long term trend to 2$ till 10$ during 2019By current trend we could see at least 2$ per Verge in end of 2019
XVGUSD H&S failed could go to 0.04 $ before rebouncing to 0.4$Head and Shoulder failed. Most possibly we will see -30% lose until 4 cent before re-bouncing to 40 cent
Verge #XVGUSD - about to rally again?From a technical point of view, the price of the VERGE cryptocurrency is in an interesting place on the chart: very close to the target level of 61% Fibo at 0.0514. From there, the price may turn back and, by breaking the downward trend line, return to the upward cycle. Resistance levels on the chart.
I've Set a Buy For Verge XVG at $0.0486I have discussed Verge previously in my postings. I believe it's a great project with a very active and enthusiastic community. It has also made a very large deal for Verge to used as an online payment systems for MindGeek and it's group of companies. Verge was selected over Bitcoin, Ether, and Dash as well as other coins for two reasons. Verge is extremely fast to confirm transactions, on the order of a few seconds, and it's extremely private including the use of TOR to mask it's traffic.
MindGeek is the largest purveyor of Porn on the internet, it has a massive presence and business. This is a big deal! I'm not endorsing their Porn business, but it's a good investment in the payment system in the same way investing in Visa and Mastercard would be if you could get such a favorable opportunity.
I have placed an order to buy Verge at $0.0486 which I believe is a great target price based on the chart history. However buying Verge anywhere in this price range is a good move. I already hold Verge in my core portfolio which I bought at much lower prices than $0.0486 some time ago.
See my previous charts for deeper explanation of the chart and Verge's prospects as a coin.
Please, Don't forget to Like Agree, Comment and Follow Me, It's additional encouragement for me to share my work.
All statements and expressions I offer are my opinions, and not meant as investment advice or solicitation. Information provided is not personal investment advice. Seek guidance from a professional investment advisor before trading or investing. Trading cryptocurrencies can be a potentially profitable opportunity for investors. You should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. I am not a registered investment advisor.
Wishing you success,
Isaac
XVG - Bullish Divergence and Double BottomXVG looks bottomed out, hitting the order block with bullish divergence. Expecting a nice reversal from here, assuming BTC can behave itself.
XVGBTC - Getting ready for a run? Good morning traders,
Since most of the alts are down, and cheap, it might be the right time buy some of the strong ones.
Lets look at XVG here:
Current price holding inside the triangle as you can see it on the chart. It is very simple, If we breakout of the triangle to the top, look out for the blue resistance levels and you can consider those as targets, to move your stop losses up as you keep banking profits, of course if you enter the trade.
If we break upwards, I believe we should look out for 698 and 717 levels as our first two target areas.
Now, if we break downwards, I have the red support levels to look out for another cheap entry.
I feel like XVG might be getting ready for a run here. It has been a while, but sure BTC has a role to play in it yet.
Keep following the chart, and I will keep updating it as and when needed.
Happy Trading!
XVG - Verge Triangle and buy pointLooking at the daily chart, here's what I see with Verge and where I'm buying.
Might be a good idea to wait for a little more for XVGI will watch Verge carefully until mid/late June. If we are still in the yellow pennant by then, I would go all in. Not an investment advice.
Channel or Wedge / XVG At the CrossroadsXVG is approaching a trend line from 1435 and will make a decision to stay in its channel or further fill a descending wedge pattern. Staying in the channel could lead us to an Adam and Eve scenario while filling the wedge could bring our RSI on the daily down forcefully giving us a sharp rebound reflected in price. The next one to two days will show us how it will play out. Subscribe to our twitter and telegram to join our discussion on XVG t.me/vergetrade
XVGBTC Bittrex 1D up to 14MAY18 Trading Analysis (TA)XVGBTC Bittrex 1D up to 14MAY18
1D Chart, also works on 4H, at this time Verge (XVG) has been floating on SUPPORT ZONE 2 since April 25 for a couple of weeks after testing RESISTANCE ZONE 2, the Pornhub and the Spotify news about partnering with them. Negatively impacted by the BTC rejection of the 10K Resistance and the Market Cap reversal to the $380 Billions, has been surfing on this SZ2 again for 3 days, the 50,100,200 MA indicator keeps an ascending pattern with a separation move between the 100/200 Days Signals (Green Arrows), the RSI (Blue Arrows) is moving below 20 trying to start an ascending pattern and the MACD even though is steady bellow a low volume Histogram, eventually could find its way up in the following hours (Red Arrow), if this keeps this way XVG will meet again RESISTANCE ZONE 2 to then move forward, but keep always in mind that also may go down probably to KICK MY XVG SUPPORT ZONE 1. At this time the Market Cap in hovering the 410 Billions and BTC is trying to reach the $9K again. Good Luck!
1D Chart, también funciona en 4H, en este momento Verge (XVG) ha estado flotando en SUPPORT ZONE 2 desde el 25 de abril durante un par de semanas después de probar RESISTANCE ZONE 2, y la publicacion de las noticias de Pornhub y Spotify sobre la asociación con ellos. Impactado negativamente por el rechazo de BTC de la Resistencia 10K y la reversión del Market Cap a los $380 mil millones, ha estado navegando en esta SZ2 nuevamente durante 3 días, el indicador MA 50.100.200 mantiene un patrón ascendente con un movimiento de separación entre las señales de 100/200 (Flechas Verdes), el RSI (Flechas Azules) se mueve por debajo de 20 tratando de comenzar un patrón ascendente y el MACD, aunque está estable por debajo de un Histograma de bajo Volumen, finalmente podría subir en las siguientes horas (Flecha Roja), si esto se mantiene de esta manera XVG se encontrará nuevamente con RESISTANCE ZONE 2 para seguir adelante, pero tenga siempre en cuenta que también puede bajar probablemente para KICK MY XVG SUPPORT ZONE 1. En este momento el Market Cap en los 410 Billones y BTC está intentando para llegar a los $9K de nuevo. ¡Buena suerte!
"Bitcoin will do to Banks what Email did to Postal Industry / El Bitcoin le hara a los Bancos lo mismo que el Correo Electronico hizo a la Industria Postal"
REMEMBER: I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. RECUERDE: No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompañe es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.
WXY Extended correction INTO A Cup and handleXVG Still the best setup or one of the best setups right now be patient
V E R G E : superverge 2.5X !XVG/BTC potential !
Mid-term deal (1-2 month)
Entry
0.055 - now
Target
0.152 (~150% profit from now)
Stop lose
0.048 (~ 20 lose from now)
A.T.H (all time high)
0.297
Verge %100 profit chance (need hodl)if btc moves goes up, verge looks great for profit.
not an investment advice, do your own research before invest,
Good Luck,
-YD
XVG Double Bottom (107% profit )After cutloss XVG at 730 STS. Because of Korea FUD made market down.
Today I'm buying back XVG more and more.
It's Double Bottom.
Entry : 650-700 STS
TP1 : 950 STS
TP2 : 1350 STS (107 % profit )
Stop loss : 540 STS
Good Luck. :)
VERGE DOESN'T LOOK SO GOOD IF THIS SUPPORT BREAKSVerge is a great crypto but with a bearish market, downward break and upcoming weak support, we may see new lows of 500 - 550. Wait for support break for confirmation but it doesn't look good unless we have a firm bounce.
Enjoy this trade my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.