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XVGBTC

Verge aprroaching strong Demand zone in Breakout Pattern.Hey, I am back with Another Technical Analysis, this time taking look again at Verge. Last time I gave Free Signal on Verge which has led to 30% breakout , since it was in strong demand zone for a while. Verge - Privacy as a choice. Verge has seen major selloff due to what was considered bad news, partnership with PornHub. But its not that bad when you give it a second look on the whole industry. That was about Verge in short. Taking look at the chart. Verge has seen pretty run up, and now it has drawn Descending Wedge pattern which is a bullish pattern. Currently the Wedge is headed to Strong demand zone ( Support Area) which could lead to breakout. Taking look at the Indicators. MACD giving slight buy signal, but can curve down really easily that could mean better entry. RSI fails to break bullish key level, but impulse from demand zone should break that 52 level easily. Hope I made your view on whats going on with Verge somehow clearer. If you like this TA let me know in the comments, Likes are aprreciated, Thanks ! If this gets a little bit of attention, I will update!
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by TiborVrbovsky
16
XVG Could move soonVerge has been in an extended bullish flag pattern and is nearing the lower support level. This means a move should be coming soon. This would be the fifth leg of an Elliot Wave and should test the resistance levels just under 1000. I don't see it breaking 1000 on this push however. If XVG continues to the lower resistance line it could break lower and test recent lows. I don't think that is likely to happen but that is always a possibility. The current market depends greatly on what BTC does. The volatility of BTC can quickly chance an altcoin chart.
XLong
by jawhite
1
Bullish Analysis with Leading Diagonal WaveIf and a big If we are in a 5 impulse wave upwards then a 5th wave could land us at the targets described. This is dependent on 3 conditions being met: CONDITIONS: 1) We are up-trending in a 5 impulse wave up 2) Wave 4 is complete (If it isn't wave 2 as per Trade Devil's days earlier TA) 3) We do a 1:1 or 1:1.618 Fib level extension of the Difference between Wave 3 and Wave 4 Let's see how it plays out. Join the telegram for discussion on this and all TradingView XVG pair charts which are RSS fed to our group t.me/vergetrade
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by chartagami
2
XVG on its way back to 1000 sats, get ready for the bull runHello traders, After a long hiatus, XVG is ready to get back into the field. This first wave looks to be like a rising wedge which should be followed by a corrective wave of 61.8% to 78.6% retracement. Take some quick and easy profits here and wait for the monster third wave that follows the second wave. Target: 1000 sats Invalidated below 814. Happy trading and stay safe! *For education purpose only. Not a recommendation of buy, sell, or hold* Kinashi-San
XLong
by Kinashi_San
4
XVGBTC 6h where are you going Verge?Ok, just a quick one. I am testing some history repeating itself method. Also trying with different trend line ways. I would like to see a tight position of support and resistance creating a jump start for the rocket launch at the yellow triangle. Where and how it will proceed after that? I'll try with a pattern similar to early April hype rise. Well, let's see how it goes. I probably got this all wrong, but I am in for XVG since early Dec, so why not share my idea of how I think it will go the next couple of weeks? What's the worst that can happen if I publish this idea? Most probably get banned from trading view :)
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by raffiwartanian