XVG on road to higher lowsXVG is it realy? i would say bottom is in for XVG , but i realy depends on how BTC is going to act. the symatrical triangle has more downside potential then upsite.
lets see how it plays out
XVGBTC trade ideas
Accumulation!Do not consider this chart as an investment advice!
. I spent a few minutes trying to fit some figure into this time frame. Until I decided to put a rectangle!
. I just dropped a chart about VERGE. A graphic that talks about ABCD Pattern, this is already the second of the VERGE!
. I believe that after this VERGE accumulation is ready just like BITCOIN!
Leave a comment, I like to exchange some idea.
Maybe this movement of the BTC will take us out of the rectangle and take the BTC out of resistance!
XVGBTC - Verge Accumulation ZoneVerge is looking like it has bottomed out and is beginning the accumulation phase. The bottom zone looks like it will hold nicely, has also been a major resistance zone in the past so will take some volume to push through. We have seen 2 rejections of the 250-260 area so it looks like the big boys are keeping us under here to accumulate. Also note volume spikes.
Swinging under here with buying around the 200 area and profit taking around the 250 mark. Holding some for when the rejection zone is broken. 1st target would be the yellow area `325
Second ABCD Pattern by VERGE.Do not consider this chart as an investment advice!
. Hello guys! I'm really looking forward to XVG. In these last days I've been studying the raffia without stopping!
. We are currently in a time of accumulation for VERGE!
. In the past, VERGE also developed an ABCD Pattern!
. I'll leave some links below. The market seems to be coming together!
Leave a comment, I like comments with good or bad ideas!
Verge, past, present and promising future!As you are observing, our VERGE is entering a bullish trend, as is the weekly BTC chart. Just wait and see! Do not consider my charts as an investment advice.
Thing of fate.Do not consider the chart as an investment advice.
I put the pieces together and the last fib hit exactly where it should be. That looks like witchcraft! Is it time to fill the truck?
I'm really impressed with the result of this chart!
Really too macabre as the universe works!
Look at my other graphic a few weeks ago!
This old chart is still worth it!
VERGE Reversal Triangle Forming after Bullish Harmonic PatternVERGE has been one of the most volatile and surprising cryptos of all time. Only BTC wise, it had a mega bullrun last year, where the profits were about +3500%. This year, it had a massive bounce again, which brought profits of about +300% to the traders who got in on time. Those two bullruns and their respective dumps created a massive Bullish Harmonic Pattern figure. After the completion of this pattern, it's creating a Reversal Triangle Pattern, as shown in more detail in the following image:
This Reversal Triangle + Harmonic Pattern combo will create a new bullrun, which I believe will be happening around mid November 2018.
1D Stoch RSI is showing a triangle that will end up breaking down within the following days. After this downturn, it should be bouncing around October 24th:
Finally, 1D MACD shows a channel with a potential bearish Three Drives Pattern forming. After this dump, it should be going up to new highs along with price and many alts within the crypto market:
I will be posting charts every day for the upcoming bullrun next month. Not only in cryptos, but also in another market I have been following since a couple of months ago. Stay tuned!
@CoinMajesty
XVG BTCI recommend going Short, the MFI shows the price in the "red region" which signal the best time to sell coin.
XVGBTC - Bullish Ascending Triangle - watch for the breakXVGBTC - Bullish Ascending Triangle - watch for the breakout
Every ALTS Charts are reacting to the KING of the crypto - BTC -0.38%
I always wait for BTC -0.38% to give bull signal and confirmation before entering a trade in ALTS
NEVER enter in a trade without an exit plan (stop loss)
NEVER risk what you CAN'T lose.
-BULLISH CONDITION
The 'master resistance / support' - 00000240 - is a dangerous price range to trade.
I am waiting for the price to closed above the 'breakout zone' to confirmed further strenght.
Higher low will still remain and the bull trend would be intact.
-BEARISH CONDITION
If the price closed below the support zone , it is going to go further down.
Lower Low will change the trend.
In this scenario, I will reevaluate the market stage and a new entry.
Thank you,
CryptoKraven
Verge about to break out from a perfect Cup and Handle formationTrade until next resistance for short-term. Long-term its a good investment start buying now and sell portions at each resistance level up to ATH.
XVG - Massive Falling Wedge Near CompletionBullish divergence on MACD, crossed zero line on daily, falling wedge nearly completed... all good things. Verge can move quickly. If resistance is strong we may have a push down to the green support line. As such, I have my buy order ready for the breakout. That way if we go back down to support, I'll be in prime position to buy some cheap Verge. If it breaks to the upside, my buy order will be filled and I'll be in early on the gains.
XVGBTCLet's try to make some more profit with XVG. Idea is simply to enter the trade at bottom of Fib channel, which is also 0.50 retracement of the whole rise. This was also resistance back in time. This maybe won't be the lowest as it can drop, so another entry at 0.618 of Fib retracement. In both cases initial stop loss will be set bellow previous lows and can be raised later, if it will bounce upwards OK.
For targets I'm aiming at crossing of 0.382 of Fib channel and pre-previous high and little bit bellow previous high.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
XVGBTCXVG is in a rising triangle. The first resistancde is at 278 sats, an outbreak would make the zone between 330 and 360 sats the next resistance.
