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XVGUSD

XVG - Is it on the Verge of going up or down?XVG is no doubt the coin of the month. The amount of hype surrounding it with it's Wraith protocol feature caused a huge amount of spike up and also down. This is definitely the coin with the volatility and the volume you'd want to trade with if you like to take risks. Due to the amount of FUD caused recently by YouTube and Twitter celebrities, the price of XVG dropped a substantial amount. Despite the fact that Wraith protocol was delayed, there are still a good amount of buyers out there which makes this coin quite interesting. On the chart above, we can see that the previous resistance of fib level 0.382 (0.00001148 BTC) became our support. If XVG can bounce off of this support, we can expect it to reach fib level 0.5 (0.00001311 BTC). If XVG breaks 0.00001148 BTC support, we are looking for a downward movement all the way down to our next major support, which is fib level 0.236 (0.00000947 BTC) Trade Setup: Stop Loss: 0.00001130 BTC Target 1: 0.00001311 BTC Target 2: 0.00001474 BTC Target 3: 0.00001706 BTC Target 4: 0.00002000 BTC
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by ErnestEA
XVG/BTC Trading Pair Breakout PointThe breakout point for XVG is quickly approaching. Using the symmetrical triangle charting method, we see an influx of pressure for XVG in the next week and a half. Huge market support for XVG under 1100, Wraith protocol release + moving trust back into the technology backing to coin gives me a 90% confidence interval that we will be moving into a bullish breakout point. I suggest trying to buy on the low end of the triangle and setting your stop loss under the bearish breaking point. Best of luck!
by hindog
5
XVG Forming Cup and Handle Bull IndicatorWhile everyone is waiting for xvg to move, zooming out yielded a large cup and handle forming. A cup and handle, as previously posted about, indicates an approaching increase in price. On the scale depicted in the chart above it looks like the handle could extend down to 1150. For price projections if it follows through we could be seeing the 3000 range. Again, throw a stop loss in at 1000 and if you've been in since 800-900 on the dips then you'll be making profit anyway if it doesn't follow though.
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by thomas58700
27
XVGBTC VERGE What after McAfee hacked accountAs all XVGBTC investors watched how McAfee hacked twitter account pushed up more than one cryptocurrency it's time now to take our breath and look closely at the chart to try to expect what will happen next. Firstly we draw Fibonacci retracement and Bollinger band to know where we are, we are close 0.5 fib ret. around @ 0.0000950, then we draw a simple trendline which told us that XVG is already in an uptrend So what we have to do now ??? I think there is no holder till now (I assume that all buyers have distributed all coins in their hands) surely some people entered long positions yesterday, And about those are out the market, I think they have to watch carefully if XVG touch the trendline and break or rebound, then they can take a decision we will keep in touch :) Thank you ----------------------------------------------- Do not read and leave .... Like, Comment and Follow ,,,, its' so easy :)
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by AnaKingKong
4