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XVGUSD

Verge (XVG) Bounces off support (17% Breakout Potential)Hey everyone, as you guys know, the last XVG trade hit my sell stop at 743 and I ended up selling all of it around there. I was still keeping an eye out for XVG, and we now have another opportunity for it to break to the upside. Trade Signals: -XVG forming what appears to be an ascending triangle, since it appeared to touch the horizontal line twice on the 30-minute chart. -RSI holding around 40, sign of bullishness for XVG -Reached 640 and quickly bounced back up, meaning we still have traders waiting on the sidelines to buy XVG back up. -It is still altcoin season, so the triangle has a good chance of breaking up How to trade If BTC price increases or is stable, this trade can be entered. Buy in: Around 740-760 satoshis (Riskier) During the breakout, around 770-800 satoshi's (safer) Sell points: 840-850 satoshis 890-900 satoshis (entry+vertical length of the triangle) Stop loss (If you decide to use one) - 640-650 satoshis *I recommend setting a stop loss because XVG is a fast mover. A stop loss can free up your bitcoins for buying the market dips so when the market recovers, you end up with more BTC than if you held the coin. That is only the case if the entire market drops, which is pretty much what happens right now since we lack fiat to altcoin pairs. Thanks for reading. Good luck on this trade! If you have any concerns or comments, please leave them in the description. It's one way I get better.
Long
by HD1184K
XVG elliot wave 3 under way! As predicted, XVG bounced around the .786 fib line that I provided TA for earlier this week. I believe we are about to begin wave 3 of a huge elliot wave formation. We can expect movement like what I have illustrated but the time periods may be different. Extremely bullish news today; 1) RingCT news will be announced in the next few weeks 2) New XVG wallets with beautiful design 3) New companies have approached XVG for partnerships following the PornHub/Mindgeek announcement XVG moves very quickly, get in on it before you miss out.
by envisionipod
1
Verge (XVG) Bottoming Out (25% profit potential) Signals: - RSI holding around 40 - Support at 740-780 Satoshi levels - Symmetrical Triangle (Period of consolidation before price breaks up or down) How to trade If BTC can maintain its 8500-9000 range Buy in: 743 - 780 satoshis Sell points: - 860 satoshi range, where previous support and resistance were - 1000 satoshi range, where there will likely be strong resistance Stop loss: - If XVG breaks past down below support of 743 sats (Very safe) - 660 satoshis, where there will likely be significant support (Risky) Please criticize my TA's so I can learn from my mistakes. Good luck.
XLong
by HD1184K
4
Golden Crosses and Bullish indicator should bring us back to 0.2On the Red (B) we are expecting a golden cross which should, in the short term, shoot us up close to $0.80. Notice the 55 day and 100 day moving average (MA) golden cross on the four-hour chart to make this happen! Non-Verge family coins are doing well so they might steal the show for a bit. IF we go lower towards red (C) it could be because the 100 day MA will be hovering above us. Accumulation zone is $0.05 to $0.07, during the last week of April. Difficult to call this bottom because XVG is so volatile.. The REAL golden-cross may occur between orange point (1) and orange point (2), marked with a golden plus. We are expecting the golden cross of 100 day MA and the 200 day MA. This is a very bullish signal and may propel Verge to the previous all time high. Further, there is a possibility that these trades create an inverse head and shoulders pattern confirming the bullish sentiment. I believe another partnership announcements will blow Verge off the roof! They have XVG 11 million in their wallet, which they could spend before May so we looking pretty in the short term! I might sell on 13 or 14 May so we can buy some BCH and benefit from that hard fork! THIS IS NOT A TRADING ADVICE JUST MY NOVICE OPINION!
by RollingInTheDeep
XVG Rebound or drop? After all the hoopla around the partnership we had a meteor shot to the 1435 high with a retrace to 62 fib to where we are now. Sitting at key resistance level of 36 fib. Elliot Wave in correction mode. If this pattern is true we may test 1000 or more. A clear left shoulder and head formation, waiting for the next move. If we hold it could present a great entry. The 50 MA is closing in on the 100 ma for the cross. Watch this one closely. Currently testing the 38 fib with a battle going on at at 760-790. If we fail that support we may test 23 fib line. Volume is very low. MACD is not looking good with stochastic oversold. Aroon showing consolidation. This could go either way.
XLong
by earlyretirementplans
XVG possible pathHello, Following the announcement of the partnership most people dump their xvg but this mouvement is part of the TA. We completed a bullish run and we ended this run on the top of the bullish channel and under a big resistance. We are now in a correction phase and currently at the bottom of the H4 bullish channel. It is possible to see a bounce from there but i expect the 43 MM H4 to stop this bounce. Following we could go to the 43 MM daily wich is mixed with the bottom of the weekly channel and support level area. If the H4 channel is broken we might go directly to the Daily MM and bounce back from this level. Wait and see and don't panic :)
XLong
by Thuerryb
4