Verge
Verge XVG - Inverse Head and Shoulders - Going up!Not sure what you guys see, but seems like a clear inverse H&S pattern to me. Going up.
-TA Noob - Not financial advice. Good luck.
XVG Cup and handleIf we take a look at this chart we may see some cup and handle formation forming right now. If its done, we can see XVG fly above 2000sats. Working partnership with Pornhub is a great news, and now they want to expand Verge to Spotify and other companies. This coin has big potential.
XVG - Short term longJust publish XVG short term long.
You know about my short position on this market on middle term. But now we have a chance to see rebound from the flat dip.
Why? Stoch RSI now ver oversold, RSI also on critical support level. I publish specially dayly chart to show you this global view.
It will start this rising after 5-7 days.
Can we see 580-620 ? Yes. But despite on bearish market now it loooks like XVG ready to do B correction point.
I will keep you informed of both my positions, both short and long.
The additional news is that the current channel will soon stop working and we will have to form a new look for the downward movement after wave B.
Write comments about it and questions welcome!
Big sign for verge.A huge green candle has appeared! This could mean a correction and the start of an uptrend. Have a nice entry and S/L and go for it.
Samurai mastery of catching the falling knife! XVGHello friends,
In This session we gonna have a risky attempt to catch a falling knife!
The first samurai secret of catching the falling knife is that you NEVER wanna catch a falling knife! Samurai is smart! he doesn't risk his portfolio. He waits for confirmations!
Although it depends on your trading style and we have some traders who love risky trades and they are successful, but I'm different. during my experience of trading, I've learned that you should focus on cutting the risk and securing your portfolio more than anything else and after that focus on gains and profits.
I'm a confirmation trader. In my opinion, trading is like a sandwich, it's not about the bread on top or bottom, it's about the meat in the middle. so we don't wanna be greedy and catch the absolute top or bottom. we to get confirmation, be safe and make money in long-term.
Okay, i'm done with this jazz... I'm sure I sound like an old guy, but i'm not i'm pretty young actually. xD but I think this advice can become handy for you later.
Alrighty, back to the business!
This trade idea needs few more days to develop at the moment, but I expect huge gains from XVG soon.
The new partnership of XVG and Pornhub is actually a huge partnership, although people made fun of it and made memes out of it, but porn industry is one of the most profitable and huge entertainment industries.
This partnership adds intrinsic value to this coin and also gonna have a good use case for a privacy coin. They also gonna have a new announcement soon.
Another interesting thing to consider is, both XVG and TRX attracts the same type of market customers psychologically duo to their similar price and supply limits. last time when the XVG run dumped, TRX pumped. It showed me the money flow between this two coins. If you follow my TRX post, you already know that TRX has pumped already, it has some more room to go but soon it's doomed to a correction and I expect the money flow to come back from TRX to XVG and start the 2nd impulsive wave in XVG.
I'll update this post later when we get there, good luck trading!
XVG - Verge Trade Opportunity.Hey, I am back with another Free Signal/Trade Opportunity.
Verge has seen major selloff due to what was considered bad news, partnership with PornHub.
But its not that bad when you give it a second look on the whole industry.
Currently is Verge holding at 700 sat.
Buy 700 - 765
Sell - 850 - 980
Lets take a look on Indicators.
MACD is looking good, buy signal with buyers coming.
RSI needs to cross 58 level to become bullish.
Hope I made your view on whats going on with Verge somehow clearer.
If you like this TA let me know in the comments, Likes are aprreciated, Thanks !
If this gets a little bit of attention, I will update!
Classic Edward Pitchforkhands has formed on $XVGCan't believe it took me this long to spot it... but it's clear as day that $XVG is forming a classic right-handed downward pointing Edward Pitchforkhands outcome probability technical formation. XVG is traveling through the hand, as we speak. It will soon choose which finger(s) it prefers. It must hit the yellow line in one of the two golden boxes. Edward shows us the way (likely path) with his pitchfork hand. Thumb is already denied. I hope it isn't the pointer finger, as I've already shorted at 702 back on 04/24.
Expect new ATH once we parabolic off the yellow line, and bust through the top of the yellow triangle.
Cheers.
**Definitely not financial advice.**
XVG UPDATEPrice dipped as anticipated, but broke through support and is now being rejected by that same support.
Good news is that an ABCD pattern has formed, while stochastic has reset and momentum slightly curling back up.
New support is at 0.5 fib and kijun. If that support were to fail, we could be testing the head area again as its a low volume node area from the 0.5 fib/kijun to the head.
Time to buy VergeI think that Verge found a good support and now it's time make some purchases. Profit targets can be 0.00018 (70% of position) and 0.0003 levels (20-30% of position)
Verge: Breakout or Breakdown! #XVG Verge is hitting a tricky area in the charts.
I've placed a Limit Sell in the Orange Zone here just to reduce risk.
I think given the fact that we have long term support with short term resistance - we should lean towards a breakout - but it is better safe than sorry!
The best way to make money is not to lose money in the first place!
XVG Forming Right shoulder Count Down to next impulse The right side of the inverse head and shoulder is forming nicely. We should be seeing the next run up back to .09-.10 very soon. Put your seat belt on.
Verge short gainsXVG forms inverted head and shoulders on 1 hour chart.
EMA 55 ist acting as support, stochastic oversold. should move up to 825 sats now to fullfil pattern.
Stop loss 735 sats.
No financial adivice.
$XVG SWING PLAY$XVG could drop a little more from current price, but i'm anticipating this H&S to play out. Fundamentally nothings changed with verge (still a pos coin imo), and there's still interest in the coin that i expect it rise again
