Verge
VERGE IN BEARISH SYMMETRICAL PATTERN - CryptoManiac101XVG / USD TA
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
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
verge is looking like a massive buy.If verge goes back to its ATH, 1 and half cents will look like the bargain of the century.
Bullish Verge (XVGBTC) - UpTrend - Slowy & Steady GrowthI just wrote about TRON (TRXBTC) recently, you should check it out, Verge (XVGBTC) is on the same spot as Tron but showing a little less interest from the people/traders.
The low for Verge (XVGBTC) was created on mid August, when September came a higher low was created, thus putting XVG on an uptrend.
Here are some of the signals why Verge is turning bullish:
We have increasing green/bull volume. This is always a positive signal for the bulls.
We are now trading above EMA10 and EMA50. These are early signals of a change of trend. These are the first resistance levels to break.
The RSI has been in an uptrend and strong since hitting August low.
Huge potential for growth... Clear buy signals when you look at the weekly chart...
Here is the weekly chart:
I hope you enjoyed this post.
If you found it useful or entertaining in anyway, please feel free to like and follow.
Your support is highly appreciated.
Namaste.
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 ;)
VERGE EOY PREDICTION MIN $0.25 MAX $25 - CryptoManiac101XVGUSD EOY
Let's start with main question, WHY WOULD IT GO UP?
1. Privacy coins will be in demand
2. Speculation (adds on more investments)
3. Institutional Investors into unanimous currency
4. Smart Contracts
5. Media Hype for privacy coins
6. Bullish MASSIVE accumulation pattern with W pattern
7. Newer partnerships to be released
Minimum XVG EOY prediction is $0.25
Maximum XVG EOY prediction is $0.25
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Someone is buying it [XVGBTC]Hi all! I don't see a strong upward trend just yet, as the flat trend is holding up in the intermediate term. The Verge jumped close to 20% in two days after it tested the marked area at 200 sats. This week's rally is nearly vertical so a pause or pullback seems likely - what we are seeing now .
But while all that is taking place on a technical basis, market makers are trying to get the best price possible that they want to accumulate XVG in a weak market. That's why many alts will pull back and consolidate for periods of time, frustrating traders who chased and bought near recent highs.
Chasing and panicking is a terrible emotion in the cryptomarket that will eventually crush your portfolio. Market makers feast on those who trade based on fear and greed. Don't be one of those traders.
ENTER: 220 and low
PT: 350 and higher
GL Traders.
monetha? same case for most alts. (BITCOIN / ALT SEASON)you have exactly one month tops to re enter in this market for the next bull cycle. nuff said. don't be stupid. get it all while it's dirt cheap! :)
$XVG/ / $BTC Update Long SignalXVG is one of the most shittiest coins out there. This coin has partnered with PornHub and it responded with massive dump. Looks like the market didn't really like the partnership. Plus Verge has been a victim of 51% attack, what a shame.
All I depend the price is based on technical part which the support quite hold on this bear market around 190 - 250 is a great buy for first entry. R:R quite good, but there is also a chance to break the support right now if something towards Bitcoin price due to volatility on these recent days. I expect to enter the second entry around 50-75 sats.
Above all please consider this is a not strong analysis which only based on technical pattern and indicators with shady price action stuff. XVG Long!
[XVGBTC] Verge Ready for Action - LONG [650%+ PP]Verge (XVG) is one of the most famous cryptocurrency projects out there and was one of the first altcoins to move up on the last up wave. Right now, the charts are telling us that Verge wants to do it again. This is pretty easy, buy and hold... That is all it takes. Once we start to hit our targets, you sell and collect your gains.
Let's proceed...
Trade instructions for Alan Masters followers
Buy in: 0.00000210 - 0.00000240
Targets for Alan Masters followers
(1) 334
(2) 410
(3) 540
(4) 645
(5) 750
Stop loss: Close below 200 satoshis (0.00000200btc ) on the weekly time frame.
Capital allocation: 5-10%.
I TRUST: I AM TAKING THE NEXT STEP
This morning I woke up, I knew it, I had the feeling that my life would change.
It was a difficult moment, but it has been like this for longer than what I want to accept.
So I fill myself up with courage and put a painful but beautiful smile 0.01% 0.01% on my face.
I tell my mom and loved ones... "I am ready, I trust, I am taking the next step!"
Namaste.
XVG Is About to Go Parabolic I'll make this quick!
When rsi has reached over 60 xvg has made big moves up
This is the third time we try to break the rsi resistance as well as the 55 ema in the last 30 days
The way the 55 ema is flattened looks very bullish to me
I see this breaking above it and making a huge run
This looks like a bottom to me
If we can break above 240 and stay above the 55 ema I would definitely call that a buy signal
We are going to want to see large volume as well, don't forget that
XVGBTCLet's try to get some more profit with XVG. Idea is to catch it when it will touch lower Fib channel again with stop loss bellow previous low and targets at previous high, at 1.272 Fib extension and at previous two tops.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
$XVG #VergeCurrency Tremendous Growth Potential!After looking at other TA on here for $XVGUSD, I thought I would combine the best elements I found into an updated chart including elliot waves.
It seems we may have bottomed at a penny and now on wave 5! I wonder what the potential is for such a rise upward. Can we even get an extended 5?
Verge is on the mark.
Buy $XVG or stay away?Verge is definitely a love it or hate it coin; but don’t let your feelings get in the way of making money. From a TA standpoint, XVG looks primed for a nice Risk to Reward trade. It already had its retest where it put in a higher low, now we need to see if it will put in a higher high, which I believe it will with the bullish hopium floating around within the crypto community.
How I plan to trade XVG:
Buy: .00000211-.00000225
Sell: .00000355
Stop: .00000176
RR: 2.5
About me:
I am a professional trader with over thirteen years of trading experience. I am fortunate enough to have had the opportunity to retire at age thirty, and I now trade for pure amusement. I love the crypto community, and would like to further flourish within it by helping any newcomers learn to trade and invest. If you found this chart helpful, please give it a like and follow me on Twitter.
Thank you,
Mike, the OMEGA Trader
