325 incoming for XVG?! Short in progress: UpdatedWe dipped below 6mo support thanks to bots/people thinking old bitfinex listing news was new...news, lol.
Our tiny hit-box was breached dead-on almost a month out, yesterday.
Prices to keep an eye on:
506
475
400ish
325 horiz supp
...hopefully Verge doesn't die, lol.
I believe.
Vergebtc
VERGE XVG ON 299% - 799% PROFIT - DEPENDS ON BOUNCE AREA - MVerge has been in drop accumulation phase for some time now. All negativity surrounding it is pure FUD and does no damage to this coin since it's simply following it's natural pattern.
Expected returns are huge for this coin, current maximum target for out pattern is 2,400 satoshi, however we can stop lower or higher. Further pattern will become visible as we finish up with this one. Privacy coins will become more popular this year and all 'hacks' with 'attacks' are positive things for such coins since developers can fix this issue sooner before we get higher volumes on it and at which FUD news will actually pull price down by a lot more breaking any pattern.
We are currently in a good buy zone with STOP LOSS at support line around 510 if you guys want to play it safe. We are actually having several patterns which are huge possibility of playing out within next few weeks. We have a butterfly pattern which has high probability of being followed. We also have a triangular pattern with high resistance levels when we get around 800 levels which can push it down therefor breaking our butterfly pattern, however I see it break it firmly if our butterfly pattern is followed for next week or two. Other patterns are here as well, but I won't go into them as they all have lesser probability of becoming a reality.
My take on this coin is that if you want high rewards with medium risk, then get into it for medium to long term.
Bitcoin is playing a key role in this and don't be surprised if we suddenly drop below 510 in case BTC drops to $7,100 levels which is still highly uncertain and probable. In addition if we suddenly start mooning, don't surprised as well after such major price retracement it's also huge possibility.
Below is just an earlier chart for Verge we have made a few month back on our last trade.
Enjoy this trade 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.
XVG (Verge) Trade Prepare! BULLISH signs in one level!We have a classic price action setup forming!
4 of my favorite price action criteria's in one level zone:
1. Strong support
2. Support crosses with trendline
3. Crossing happens exactly in Fibo 70.5% level
4. And those criteria's supported with EMA&MA200 in this level zone.
*5. There we need some bullish price action from candlestick also (Hammer, Morning Star, Railroad Tracks, Engulfing, Tweezer)
Keep an eye on it!
Please comment and like this if You find it was helpful!
Best regards!
$XVG-BTC | Is Verge set for a bullish bounce or going to crash? My Assumptions:
1. Bitcoin doesn't do any crazy moves.
2. The Verge team screwed up the chart with the overhyped announcement of the partnership with Pornhub. Some people may have lost their believe in XVG.
3. The spike around the date of the announcement doesn't count.
4. The Fans of Verge are strong hodlers.
My Predictions :
We're looking at the 4h chart, the yellow trend line is drawn on the daily in log scale and has a lot of touches, so I'm pretty confident with this trend. There are 2 support lines, that form a nice descending triangle with the yellow line. The first (white) is at around 630-640 and seems to be the recent low. But the RSI is not oversold, so we could see a drop below this line if there is a another rejection off the yellow line or if Bitcoin crashes. So the more important support line to watch is the red line at around 615. This one acted as support for a long time during February and aligns perfectly with the 200-day MA. If we break below this support, I expect a big drop. Maybe down to the 500s-area. But I think a bullish breakout is more likely since Verge often bounces up strong from descending triangles . A scenario like on February 15 with a huge bullish engolfing candle after a temporary break below the support line is possible as well. For profits I'm aiming for the 720-750 range, not sure how strong the bullish momentum can be at the moment. We will see what happens first within the next hours! :-)
Possible Trades:
Buy Zone: 650-620
Sell at T1: ~15% profit
What do you guys think about this idea?
Sources :
Partnership with Pornhub: www.forbes.com
None of this is financial advice, of cause. I am just drawing fancy looking lines on my screen.
Verge (XVG) New Updated Entry (250%+ Earnings Potential)Verge (XVG) new entry (buy in range).
Verge upcoming events (these are factors that can affect a coins price possitively):
- Verge (XVG) - Amsterdam Meetup (9-June).
- Verge (XVG) - Verge Social Network Launch (30-June).
Verge Trade Analysis by Alan Masters
TRADE INSTRUCTIONS
Buy in: 0.00000590 - 0.00000710
Verge (XVG) Targets:
(1) 0.00000949
(2) 0.00001138
(3) 0.00001272
(4) 0.00001352
(5) 0.00001443
(6) 0.00001631
(7) 0.00001748
(8) 0.00001937
Stop loss: 0.00000450
An Old Friendship, A New Day!
Here comes the old, visiting at your home.
It comes with a new story, about how to live the present, about how in his past he did wrong.
The new day shines and says, that's ok, nothing is wrong.
Just keep on focusing on today, the old days are already gone.
The old friendship looks stranged, but the feeling can understand.
He has already gone through everything, he is ready to accept the change.
When the moment of truth comes and the friendship wants to change its name, you just tell him that he is not old...
Because he already took the first step...
He already started to change!
Smile my new friend... This Is A New Day!
Namaste.
XVGBTC Bittrex 1D up to 14MAY18 Trading Analysis (TA)XVGBTC Bittrex 1D up to 14MAY18
1D Chart, also works on 4H, at this time Verge (XVG) has been floating on SUPPORT ZONE 2 since April 25 for a couple of weeks after testing RESISTANCE ZONE 2, the Pornhub and the Spotify news about partnering with them. Negatively impacted by the BTC rejection of the 10K Resistance and the Market Cap reversal to the $380 Billions, has been surfing on this SZ2 again for 3 days, the 50,100,200 MA indicator keeps an ascending pattern with a separation move between the 100/200 Days Signals (Green Arrows), the RSI (Blue Arrows) is moving below 20 trying to start an ascending pattern and the MACD even though is steady bellow a low volume Histogram, eventually could find its way up in the following hours (Red Arrow), if this keeps this way XVG will meet again RESISTANCE ZONE 2 to then move forward, but keep always in mind that also may go down probably to KICK MY XVG SUPPORT ZONE 1. At this time the Market Cap in hovering the 410 Billions and BTC is trying to reach the $9K again. Good Luck!
1D Chart, también funciona en 4H, en este momento Verge (XVG) ha estado flotando en SUPPORT ZONE 2 desde el 25 de abril durante un par de semanas después de probar RESISTANCE ZONE 2, y la publicacion de las noticias de Pornhub y Spotify sobre la asociación con ellos. Impactado negativamente por el rechazo de BTC de la Resistencia 10K y la reversión del Market Cap a los $380 mil millones, ha estado navegando en esta SZ2 nuevamente durante 3 días, el indicador MA 50.100.200 mantiene un patrón ascendente con un movimiento de separación entre las señales de 100/200 (Flechas Verdes), el RSI (Flechas Azules) se mueve por debajo de 20 tratando de comenzar un patrón ascendente y el MACD, aunque está estable por debajo de un Histograma de bajo Volumen, finalmente podría subir en las siguientes horas (Flecha Roja), si esto se mantiene de esta manera XVG se encontrará nuevamente con RESISTANCE ZONE 2 para seguir adelante, pero tenga siempre en cuenta que también puede bajar probablemente para KICK MY XVG SUPPORT ZONE 1. En este momento el Market Cap en los 410 Billones y BTC está intentando para llegar a los $9K de nuevo. ¡Buena suerte!
"Bitcoin will do to Banks what Email did to Postal Industry / El Bitcoin le hara a los Bancos lo mismo que el Correo Electronico hizo a la Industria Postal"
REMEMBER: I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. RECUERDE: No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompañe es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.
WXY Extended correction INTO A Cup and handleXVG Still the best setup or one of the best setups right now be patient
V E R G E : superverge 2.5X !XVG/BTC potential !
Mid-term deal (1-2 month)
Entry
0.055 - now
Target
0.152 (~150% profit from now)
Stop lose
0.048 (~ 20 lose from now)
A.T.H (all time high)
0.297
VergeFollowing our last analysis, Verge is in a good position to enter and has a good risk-reward ratio.
Upon completion of the triangle pattern, is able to start a good rally.
Enter Stepwise until 620 Sato
Stop-Loss at 620
Verge %100 profit chance (need hodl)if btc moves goes up, verge looks great for profit.
not an investment advice, do your own research before invest,
Good Luck,
-YD
VERGE DOESN'T LOOK SO GOOD IF THIS SUPPORT BREAKSVerge is a great crypto but with a bearish market, downward break and upcoming weak support, we may see new lows of 500 - 550. Wait for support break for confirmation but it doesn't look good unless we have a firm bounce.
Enjoy this trade 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.
XVG looks cute :) %50 profit chance (update)waiting good profits from verge. 2 weeks hodl.
not and invesment advice, please do your own research before invest. All just my opinions.
XVG looks cute :) %50 profit chancewaiting good profits from verge. 2 weeks hodl.
not and invesment advice, please do your own research before invest. All just my opinions.
Verge (XVG) Ready 4 More (240% Earnings Potential)Verge (XVG) is ready for action once more. This altcoin does not need any introduction, it started to go up basically before every other coin and it went up massively. After a long retrace, Verge looks ready for some additional action. Let's start by taking a quick look at my daily chart and then getting into the details of this trade right away:
Verge upcoming events (these are factors that can affect a coins price possitively):
- Verge (XVG) - Block Reward Halving (9-May).
- Verge (XVG) - Amsterdam Meetup (9-June).
- Verge (XVG) - Verge Social Network Launch (30-June).
Verge (XVGBTC) Trade Analysis by Alan Masters
TRADE INSTRUCTIONS
Buy in: Up to 0.00000900
Verge (XVG) Targets:
(1) 0.00000949
(2) 0.00001138
(3) 0.00001272
(4) 0.00001352
(5) 0.00001443
(6) 0.00001631
(7) 0.00001748
(8) 0.00001937
Stop loss: 0.00000690
CHARTS, SIGNALS & INDICATORS
I think that Verge is getting ready for another run. On the 4 hours time frame chart we have:
- MACD bullish cross over.
- Trading above downtrend line as well as above the EMA50, 100 and 200 lines.
- RSI going bullish and showing plenty of room left for growth.
- The STOCH indicator is also bullish.
- I don't know what else to say, it looks like it will go on another run soon. Would you say the same?
- Now... Let's trade!
An Old Friendship, A New Day!
Here comes the old, visiting at your home.
It comes with a new story, about how to live the present, about how in his past he did wrong.
The new day shines and says, that's ok, nothing is wrong.
Just keep on focusing on today, the old days are already gone.
The old friendship looks stranged, but the feeling can understand.
He has already gone through everything, he is ready to accept the change.
When the moment of truth comes and the friendship wants to change its name, you just tell him that he is not old...
Because he already took the first step...
He already started to change!
Smile my new friend... This Is A New Day!
Namaste.
Verge aprroaching strong Demand zone in Breakout Pattern.Hey, I am back with Another Technical Analysis, this time taking look again at Verge.
Last time I gave Free Signal on Verge which has led to 30% breakout , since it was in strong demand zone for a while.
Verge - Privacy as a choice.
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.
That was about Verge in short.
Taking look at the chart.
Verge has seen pretty run up, and now it has drawn Descending Wedge pattern which is a bullish pattern. Currently the Wedge is headed to Strong demand zone ( Support Area) which could lead to breakout.
Taking look at the Indicators.
MACD giving slight buy signal, but can curve down really easily that could mean better entry.
RSI fails to break bullish key level, but impulse from demand zone should break that 52 level easily.
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!