XVGBTC trade ideas
Verge BTC-XVG - Short-term Play - 10-20% Profit PotentialBTC - XVG (Verge)
Verge is a perfect Example for a typical "Buy the Rumor, Sell the News" Trade.
After rumors came up that Verge will have announce a major Partnership the Price rised nearly 500% within no time.
On the same Day they announced the Partnership with Pornhub the Price dropped hard within the next 48 Hours,
because off a massive Sell off (Sell the news)
We think XVG found its new Bottom and is ready for the next Ride! Also we believe that Verge is a strong and good
investment and still undervalued till now, defenetly at least a good Opprtunity for a nice Short-term Profit.
Buy Zone:
0.00000740 to 0.00000780 BTC-XVG
Targets:
1. Target - 0.00000858 BTC-XVG
2. Target - 0.00000936 BTC-XVG
Timeframe:
+/- 1 to 14 Days
Good Luck everyone
Captain Trade
BitcoinSector / SignalSector
Analysis of Next Upcoming Wave - XVGIf you have been following me from begining of my BINANCE:XVGBTC analysis. Congratulations for the profits.
Here is something that I would like to show will happen in next few days.
Right now XVG is falling. As 1D MACd has crossed.
If XVG breaks through the downtrend that's the best place to buy more BINANCE:XVGBTC .
I've already told my followers that we will see XVG near 600 - 650 Sats range. And we are close to it.
This is correction period after the recent annoucement. BTW this was a huge annoucement and it will be one of the largest used currency across the network.
I always keep my followers updated. So, be sure to follow me on twitter - @Suggestcoin
And here is a good article to know more about XVG verge - What is XVG? & It's features?
XVG Can go fly?Xvg surely go up because it very active coin and it's partnership is very good with pornhub. They will get advertise from the pornhub and surelt adter 2-3 months this will fly and anyone can't stop it.
REMEMBER: I am not a financial adviser nor is any content in this article presented as financial advice.
Patience...XVG
Daily
Looking at our trend timeframe we can see price has recently been rejected @ 0.00001300, and has since then remained bearish. Currently testing support @ 0.00000770. Looking for a daily close above 0.00000850 before taking any long positions. Stochastic RSI showing momentum is slowing down.
4Hour
Shifting over to our pattern timeframe we can see price is currently testing our trendline. Possible break towards 0.00000550 if trend does not hold. A break and close above 0.00000810 could lead to a higher high. However a break and close below our trend leads to another leg in the bearish wave.
Hourly
Lastly looking at our trigger timeframe we can see a descending triangle has formed.
Expecting a breakout soon, a break towards the upside activates a long trade. A breakdown and we wait till we find support @ 0.00000550
What happened with Verge? (Answer)What's up guys, it's been a minute! The reason for this is because we are letting the market do itself. Bitcoin is losing it's dominance, and alt coins are about to shoot to the moon!
Now.. as you may know, Verge was and still is one of my biggest coins of the year. If you followed my call on verge in my last post, my call was almost EXACT! Cheers on the profits guys.
The reason Verge is down while every other coin is going ham, is because of the panic selling. This panic selling happened because of a red flag verge raised.
The story is, Verge was about to announce a HUGE sponsorship with a company....and they raised a donation fund so they could make it happened. The thing is, is that you don't need money for a partnership, which raised some eyebrows. Verge also stated that they would make the announcement LAST MONTH! The news still hasn't happened, but I bought in again while the hype is gone.
Cheers, and I will continue updating you guys!
Also, please check out my insta--- Cryptolerance
I will be feeding you guys information on the DAILY!
$XVG.X The mods banned it for say the S word. some uptight, thinking this a church told me they took this chart down because i said XVG is a S*!# coin. it was in jest.
I am a beast trader, and bound to be one of the greatest to ever do it so i could care less if they ban me, ill just post somewhere else.
rant over.
its a cup n handle, with an ancient support i posted yesterday. we are going to moon very soon. see older posts for details.