XVGBTC 200MA working as support! Hi everyone, just another update on xvg verge. As per chart, previous 200MA which was resistance now works as support, which can indicated a trend reversal from that long bearish to bullish.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
Vergebtc
XVGBTC on 2 month old support line ! don't miss oportunityHi everyone, another update on XVG verge. As you can see we had a pullback from the resistance, particulary caused by unsucessfull attack on verge blockchain. Well done Verge Team, keep the good work.
Okey lets get back to verge and what can we expect from it. As you can see on the chart, we had a pullback to 2 month old support line and also test of 61.8 fibonnaci, which should support the verge from futher falling down, also problems with blockchain attack were resolved and I think the attack could be to scare people from this coin, so that they will sell in panic and someone who was behind this attack can acumulate more.
We should be supportive and don't let the panic affect us in any case. As a matter of fact we should support it by spreading the word about a great job of verge team and don't spread the fud.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
XVGBTC confirmed an upside moveHi everyone, just a quick update, yestarday verge xvg has broke thru 38.2 fib and closed above it, as the time of writing this we are seeing pullback to it which means that broken resistance is tested as support and from here we should see another leg to the upside. As mentioned before, i don't think that 50% fib will be respected, my eyes are looking at 61.8 and 78.6 fib as potential resistances.
Also bitcoin stranght today is fueling the downside move.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
XVGBTC high likely 300% gain in the next few weeksHi everyone, next analysis of xvg btc verge btc is on cards... I would like to mention first that supply of Verge Coin is at 99% and there is not much left, so if you think if its good time to get into verge, i would say it is because when the supply will get to 100% there won't be anymore coins coming and that should reflect in price going up.
As of writing price of XVGBTC is 58 sat, and we are currently above strong resistance level, price may aim for futher gain towards 66 sat where we have potential resistance which in my opinion won't be respected or just for a short period of time, as we have stronger resistance at 72 sat which should have a bigger impact on price of verge coin. Next resitance is at around 92 sat, and from there I would expect price to go toward 100 sat and next 150+ sat where 1.61 fibonnaci extension is.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
USA fails to support XVGBTC uptrend ? Will it make it or no? Hi everyone, another of my updates on xvg verge btc analysis. As we can see, USA has failed to support an uptrend of xvg and may want to retest of previous resistance at 47 sat as it's support. In case if the support at 47 will break the next support is seen at 43 sat.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
XVGBTC has to close above 56 satoshi for more upsideHi everyone, just another update on xvg btc, after latest price action, we can see that verge has found itself a resistance at 56 sat, only break and close above that level would indicate futher upside.
Please note that we need a strong breakout to indicate that, also falling price of bitcoin my fuel the market of altcoins.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
XVGBTC trendline respected eyes on 77 Hi everyone, just a quick update on XVGBTC, as you can see we had a nice pullback to the upside from D1 trendline what can indicate that we are still in uptrend and and all eyes are on 77 satoshi for now where 1.61 fib lays.
In the next few days I'm expecting price to break above 1 fib and retest it, also keep in mind that if we will see break above and than fall below 78.6 the trend direction may change.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
Verge Ascending (XVG/BTC)Chart is clear. We gonna see upper movement.
I'm just a trader like u guys, and I just wanted to share what I saw here. Don't take it as a financial advise.
Verge In Up ChannelVerge looks bullish
personally I think alt coins like this one are about to go crazy, or have already to some extent
XVG Triangle Formation (XVG/BTC)Xvg forming a triangle. Wait for upper resistance breakout. I can't figure any target but it must follow our beloved Doge ^^
I'm just a trader like u guys, and I just wanted to share what I saw here. Don't take it as a financial advise.
XVG will break a multi-year resistance!This time XVG cannot escape its fate, it will break a multi-year resistance!
Get ready 🚀🚀🚀
Continuation of downward pressure - Race in 1d & 2dWe are still experiencing downward pressure.
We are currently in a "Race" between the Energy in the 1d & the Red RSI in the 2d.
In order to see a possibility of a reversal of upward pressure, the Energy in the 1d needs to close above 50 before the Red RSI in the 2d crosses below 50.
Near Term TF Group.
In this TF group we can see that in the 1d & 2d the Green is higher than the Energy, if this remains the case we do have potential in these TF's to see a higher high.
For now we can monitor for reversal signs.
I have marked this as neutral.
Trade safe
aBL
VERGE(XVG) HALVING PUMP IS COMING, GET READY!🔷The next halving for Verge (XVG) will take place on approximately Mon, 25 Jan 2021 18:38 at block number 4700000 and the mining reward
will reduce to 100 XVG for each block.
So we can expect some huge and profitable pumps to happen before or after the halving.
This is a very nice opportunity to buy some XVG before the halving event and we don't want to miss it.
🔶So here is the plan:
We enter the market at price of 0.00000036 or 0.00000037 BTC for each XVG.
as the price goes up and we reach each of the targets, we start selling some of our XVG, but we start with selling very low amount for the low targets(like target 1 and 2) and then sell a little more when we reach the medium targets (target 3 and 4),
for the target 5,6 and the higher ones you have to decide based on how the market is reacting to the price, you can decide to exit the market completely or wait more to see what happens.
🔻Remember that this is my personal idea and point of view; you should always do your own analyze too and know your trading plan.
You are the only one who is responsible for your trades.
What do you think about this idea and the incoming halving? Let me know in the comments and also don't forget to like if this idea was helpful.
Thank you, and Good luck :)
💡Don't miss the great buy opportunity in XVGBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00000026).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Verge/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
Take Profits:
TP1= @ 0.00000034
TP2= @ 0.00000041
TP3= @ 0.00000049
TP4= @ 0.00000057
TP5= @ 0.00000067
TP6= @ 0.00000083
TP7= @ 0.00000102
SL= Break below S2
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XVG/BTC (Retest 200D MA Dynamic Support?)XVG/BTC
-Verge is likely to retest the 200D dynamic support
-And the major support area around 50 sat
-This is also a confluence of last Fib support level 0.786
-I recommend placing Buy orders only when there are Bullish reactions
-Or any potential reversal signs around 50 sat range
-This will give extra confirmation that this level is important
-The trade idea is buying at the key support area
-Ideal stop loss is candle body below 0.786 Fib
XVGBTCVerge is on the floor of its price and the first upward wave can start soon. The total structure seems to be a flat and wave B has a diametric pattern and wave C can start to double in next month.
PLEASE DON'T FORGET SETTING STOPLOSS.
Update On Verge (XVG)I gave out the buy signal on verge back in late march early april for a long term position at 38 sats.
Since then xvg did have a nice surge in price and currently is having a pullback.
I will continue to hold the position as the 2 month chart now begins to compress.
I might consider to add more if we can hit support.