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XVGUSD

Break-out: XVG needed a "big green Heikin Ashi candle" & got it!Disclosure: this is a repost of my Feb 12 Tradingview idea . Unfortunately, it was taken down by admin because it contained some external links. Until today, I always included links to i) my website, ii) interesting other sources. Unfortunately, my ideas that contained links have now been hidden (it's against policy). Given that I found the post crucial to trade XVG, I am reposting it, albeit the break-out has now occurred. This was the post: "XVG needs a big green Heikin Ashi candle to break out!" "Lots of indecisiveness in the Verge graph. In this post, we are diving into the matter with Heikin Ashi candles, which are very practical for identifying trend reversals. We indeed see several Doji candles (1 & 2) and some spinning tops (similar to Doji candles but with some difference in open and closing prices, whereas for Dojis, this if virtually the same (i.e. Open and close are more or less equal). Normally, Doji candles or spinning tops are very useful in Heikin Ashi candle analysis to identify a trend reversal. You can see examples in 3 and 4. Now, if we look at where we are today (on Feb 12, red.), we see a lot of indecisive candles, ànd we are nearing the end of the triangle formation (two white lines drawn). As you might remember from previous posts, triangles typically go hand in hand with break-outs . We need a big green candle here to confirm an upward trend reversal. We are not seeing that yet, so best to stay on the sidelines. We àlso see a golden cross forming in the MACD daily, which is generally extremely bullish , so that speaks in favour of more upward momentum coming soon. Conclusion: --> Keep a close eye on the new Heikin Ashi candles forming as these will tell us a great deal of what will come next. It might even be a large uptake!" Update Feb 16-17: The break-out has occurred ! Too bad some of you probably couldn't see this previous post anymore and make the trade. BUT: you see we have broken the Fibonacci resistance level at 779 sat, which we will likely retest before going up to our next target: 1008sat! So still some nice profit potential ;-) And remember: look out for those infamous Heikin Ashi doji candles (see above) as they will tell us when we can expect a trend reversal (down). In the meanwhile: Verge looking good. Attention points: we don't want to see Verge falling through its new found support at the Fibonacci retracement of 779 sat; we can expect further upward movement now and aim to reach the 1008 sat. So the green Heikin Ashis are looking good. If you see a "doji" or "spinning top" (see above) appearing on the 4h Heikin Ashi chart, beware!
Long
by A_Cryptastic_Mind
4
XVG/USD Levels To WatchHere we have XVG/USD on the 4 Hour chart. XVG/USD has been in an up move for some time. Price has been making higher highs, most recently at $0.22 ( 01-09 ). After XVG/USD had a short term correction to the downside, I am now expecting an up move to my upside target of $0.060. I am expecting Verge continue with the current upside momentum, and I am expecting a move to at least $0.066. It could either break out now, or hit the target in the longer term. This trade could play out in 2 ways: -Price continues to rally to the upside to the upside target of $0.065. Bare in mind if this plays out that there will likely be some corrections on the way to the upside target. -Price retests the resistance turned support at around $0.057 after the move begins. This is not before having a retest at the lows with the horizontal support zone at $0.048. Dont forget to follow if you want to be informed.
X
by oliviermo75
XVG/ETH - Big Breakout Support & Resistance (2 Hour Chart) BINANCE:XVGETH BITTREX:XVGBTC BINANCE:XVGBTC All, Just doing some double checking on XVG. I know for some it feels like an eternity since it really has any big moves in one direction without diverging back and breaking even. I think here in the next 3-5 Days we might see a 30-40% gain. Video says most of it. *** REMEMBER SUPPORT AND RESISTANCE LEVELS ARE STRONGER THE HIGHER TIME INTERVAL YOU GO. MEANING 2 HOUR SUPPORT LEVELS WHEN BROKEN ARE NO JOKE*** What to check for: -RSI / MACD / MAs to align and reverse Alerts I would set Lower alert (breaking support): around the 0.0000630 area so if it hits this take a quick glance and see if it broke that green uptrend support. Medium alert (breakthrough #1): set another alert around 0.000066ish area this will be a breakthrough resistance line. Once it breaks this we could see a big quick run all the way to 0.000068-69 or even bust through that one since it appears to Important Alert: 0.000070-72 if this alert goes off be ready to place big bets because its already breaking any resistance level it has left until 0.000084ish area.
Long
by DigitalData
XVG/USD consolidation still on goingHello, As the cryptos get purged Verge get purge too... For a long term investor this is the opportunity to come in the market at good price. I dont expect an unrealistic big bounce for verge in the coming weeks but we are currently sitting on two supports lines. One orange that could represent the bottom of a bullish channel and the blue which represent the bottom of the consolidation pattern. As the price are going lower, so it is for the volumes == This is a long position for me at this price. Have a good day and dont panic :)
XLong
by Thuerryb