XVG VERGE CYPHERCypher pattern opportunity for almost 100%. RSI oversold 200MA support. Level of supply
XVGUSD
Verge (XVG) is going higherXVG/BTC XVGBTC
Buy zone: 0.00000670 - 0.00000685
Sell targets:
1st: 0.00000725
2nd: 0.00000820
3rd: 0.00000905
4th: 0.00000990
if 2 red candles closed under the trend line bellow, then sell!
Good luck guys!!
XVG elliot wave 3 under way! As predicted, XVG bounced around the .786 fib line that I provided TA for earlier this week. I believe we are about to begin wave 3 of a huge elliot wave formation. We can expect movement like what I have illustrated but the time periods may be different.
Extremely bullish news today;
1) RingCT news will be announced in the next few weeks
2) New XVG wallets with beautiful design
3) New companies have approached XVG for partnerships following the PornHub/Mindgeek announcement
XVG moves very quickly, get in on it before you miss out.
.786 Last stand. we are at the 1 wave line right now. we need tobreak between now and 569 watch for a big bounce around 625
Verge (XVG) Bottoming Out (25% profit potential) Signals:
- RSI holding around 40
- Support at 740-780 Satoshi levels
- Symmetrical Triangle (Period of consolidation before price breaks up or down)
How to trade
If BTC can maintain its 8500-9000 range
Buy in:
743 - 780 satoshis
Sell points:
- 860 satoshi range, where previous support and resistance were
- 1000 satoshi range, where there will likely be strong resistance
Stop loss:
- If XVG breaks past down below support of 743 sats (Very safe)
- 660 satoshis, where there will likely be significant support (Risky)
Please criticize my TA's so I can learn from my mistakes. Good luck.
xvgusd almost symmetric H&S with lose to 5 cent and gain to 37 Verge is in reverse Head and Shoulder that could end at 0.05 before going to 37
Golden Crosses and Bullish indicator should bring us back to 0.2On the Red (B) we are expecting a golden cross which should, in the short term, shoot us up close to $0.80. Notice the 55 day and 100 day moving average (MA) golden cross on the four-hour chart to make this happen!
Non-Verge family coins are doing well so they might steal the show for a bit. IF we go lower towards red (C) it could be because the 100 day MA will be hovering above us. Accumulation zone is $0.05 to $0.07, during the last week of April. Difficult to call this bottom because XVG is so volatile..
The REAL golden-cross may occur between orange point (1) and orange point (2), marked with a golden plus. We are expecting the golden cross of 100 day MA and the 200 day MA. This is a very bullish signal and may propel Verge to the previous all time high.
Further, there is a possibility that these trades create an inverse head and shoulders pattern confirming the bullish sentiment.
I believe another partnership announcements will blow Verge off the roof! They have XVG 11 million in their wallet, which they could spend before May so we looking pretty in the short term!
I might sell on 13 or 14 May so we can buy some BCH and benefit from that hard fork!
THIS IS NOT A TRADING ADVICE JUST MY NOVICE OPINION!
Is the end near for XVG?Possible bounce coming up for XVG at .786 Fib line. Expect it to go lower and maybe bounce off of it.
If it breaks below this line we are probably going all the way back down to our initial starting point last month.
Possible Elliot wave formation going here but please be careful.
Short till .786 is hit, long after.
XVGUSD Possible bullish movement 4HR
After cooperation with the platform Pornhub seems like
verge making good bullish movements
depending on the breakout of the pennant
The MA's looking good for a crossover that signals us to a possible new trend
target is the weekly resistance at 0.09$
xvgusd Verge long at 0.071Verge is coming out of a rounded bottom .
The retracement after news has been steep but for the last few days this uptrending slope has held
Stop 0.069
Profit target can be at the top of the slope or edge of the ellipse. I will look for a target with an Andrews pitchfork . See below
I would expect a bounce at 0.100
XVG Rebound or drop? After all the hoopla around the partnership we had a meteor shot to the 1435 high with a retrace to 62 fib to where we are now. Sitting at key resistance level of 36 fib. Elliot Wave in correction mode. If this pattern is true we may test 1000 or more. A clear left shoulder and head formation, waiting for the next move. If we hold it could present a great entry. The 50 MA is closing in on the 100 ma for the cross. Watch this one closely.
Currently testing the 38 fib with a battle going on at at 760-790. If we fail that support we may test 23 fib line. Volume is very low. MACD is not looking good with stochastic oversold. Aroon showing consolidation. This could go either way.
XVG possible pathHello,
Following the announcement of the partnership most people dump their xvg but this mouvement is part of the TA.
We completed a bullish run and we ended this run on the top of the bullish channel and under a big resistance. We are now in a correction phase and currently at the bottom of the H4 bullish channel. It is possible to see a bounce from there but i expect the 43 MM H4 to stop this bounce.
Following we could go to the 43 MM daily wich is mixed with the bottom of the weekly channel and support level area.
If the H4 channel is broken we might go directly to the Daily MM and bounce back from this level.
Wait and see and don't panic :)
Verge is ready for the next leg upRumor of bithumb listing and technicals favoring the upside after recent correction
Where Does Verge (XVG) Stand After Its Recent PartnershipA lot of analysts have been skeptical of Verge (XVG) from its very onset. Don’t get me wrong, I’m all for growth of the crypto market and I believe there is enough room for all projects to grow and thrive together. A lot of new traders ask me, “What do you think of Verge?” I reply to them, “It’s a more sophisticated Bitconnect”. What I mean by that is that scams like Bitcoin just take your money and run. Projects like Verge (XVG) keep you thinking that it’s all good and you can still make money. Now, there are traders who ride the way up and down and make money. Verge (XVG) has had some impressive rallies in the last few days and I’m sure skilled traders would have made a lot of money off those pumps. However, there are always some that are left holding the bag. It is a zero sum game; somebody has to lose in order for you to win.
Read more on this analysis here: cryptodaily.co.uk
XVGBTC Be Gready when others are fearfulll !! Double bottom!!Hello Traders!
Lets look at XVG 4H chart. There was some FUD and we all was looking at nice selloff.
But suddenly price stoped to drop at 0.618 fib retracement level, which is technical good to do it, and
created a double bottom here. We dropped below 200EMA and if there will be a bounce up,
which I personally belive in, it will our be first resistance.
Verge still is good project with nice partnerships and longterm is ready to give us money.
Look RSI and Stoch RSI, both huge oversold and this is buy signal for us.
Buyzone 0.00000720-0.00000750
I recommend stoploss at 0.00000698 level just little below support.
If you like my chart and will make money on it, and want to help my education - send me tip,
just feel free to ask for wallet in private message.
I will post update as soon as I will see some movement in right direction.
Verge XVG Trade Setup Approaching A New Buy Zone
This is an update of the Chart and commentary on Verge I posted yesterday. For more detail of the projections I made yesterday, please refer to yesterdays chart linked below.
Verge XVG Trade Setup
Verge is approaching the buy zone I outlined. Selling volume is letting up a bit. The RSI is approaching the oversold region. Stoch RSI indicates in the oversold region. Remember that these indicators can ride in the oversold region for some time so be patient. It is likely it will take 3 or 4 four hour candles to get into the buy zone where you could start to buy in with increments. I would aim to be all on my planned investment for Verge XVG for this swing trade by the time we reach the ideal buy point.
The ideal buy point in this chart is $0.0487 this is the intersection of a trend line and support lines.
We may or may not reach it, if volume turns positive and the trend starts upward it may be our signal that the downward move has ended for now.
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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