Temporarily descending and ascending in the future.In my opinion, this is a descending triangle pattern for price correction.
I hope to leave the triangle after point 5.
And jump.
XVGBTC trade ideas
VERGE on its way to $0.11 (0.00001550 SATS) ?This prediction of price movement is based on the elliot wave analysis and is published for comments only and not as trading advise.
Is XVG about to fall off a cliff?Looks like an descending triangle to me. XVG has big news around the corner but has been pumping like mad recently (despite BTC 1.78% struggles). I see this playing out giving XVG a bit of breathing room, and allowing investors to stock up before the anticipated mega pump in a few days.
XVG pullbackLooks to have done 5 waves up and now I'm expecting a retracement.
Typically between the 0.5 and 0.618 fib levels (as marked). If this is hit (and if it is then I think it will be before the 17th April) then we will see a new ATH in the next wave
XVGBTC (Volume Analysis Prediction 3/27/2018)Coin stronger than the market
We can count on the continuation of the trend
Be careful, observe the risk / profit ratio
Entry point: 0,00000634
Stop: 0,00000563
Target1: 0,00000734
Target2: 0,00000843
Are we ready for the next Elliot wave on XVGone of the most loved and hated cryptocurrencies. Some good potential news coming on the 17th
Lets see ... at this point I'm not confident on an ATH. That was made under very different conditions, just when the alt market was just starting to boom. Currently the whole market has been drained of money .... but this is XVG and who knows what FOMO may kick in.
XVG's RouteMulitple levels shown here for tracement. Thus far XVG has followed plans. pretty sure this will follow up to the blue line and bounce down until the convergence. I suspect a push to 1300 resistance again soon. I'd be surprised if this coin does not push to 1500 in the near future. There are huge trade swings to be made here.
XVG Uptrend Potential - 100% Gain BITTREX:XVGBTC was on downtrend for quite a lot of time!!!
Woke up this morning to see XVG breaking out of the triangle!!
Next few days XVG will show some good results of being near about 800 sats!!
Next Two waves Of XVG - Bigger Profit coming BITTREX:XVGBTC is doin far good than other altcoins and BITFINEX:BTCUSD too!!
In this chart I have taken into account of the upcoming annoucement that will be done on 17th.
If we see there are two upward waves a smaller and then the bigger!!! If we go with the chart Ive made thenn the bigger wave is supposed to come on 15 to 16th of this month.
Just keep an look!!!
For beginners you dont have to trade as Long time chart nothing is going to change!!!
Follow me on twitter as where I keep everyone updated!! - twitter.com/SuggestCoin
XVG TwoFaced and Non Biased ViewsAh Verge, who remembers the FUD on this coin back when it was in that symmetrical triangle?
I had predicted the drop to the ~400 area, based on the prior Bullish wave 2 back in December becoming a strong support zone.
My opinion is that every single Alt Coin should not be HODL'ed during a Bitcoin Bear market. If you are still holding your coins since december, (4 months back) you would still be down 30-40% today, instead of being able to buy back in at the 400 area and ride this bounce potentially Doubling your amount. Technical Analysis is not a joke and if you are in this space for the long term, It will help you accumulate a lot more.
Keep in mind Bitcoin is looking really weak right now, and this month will change a lot of perma bulls opinions. XVG is a great project but be careful once the announcements are finished. The whole crypto space is bearish until we have cleared the previous ATH~ both for Bitcoin and every other great/scam coin project. :)
I hope the chart is easy to read.
I am not here to FUD, just to critically analyse the situation we are currently in and provide possible/likely scenarios. I am a trader after all~
XVG reload plan based on EW+divergenceXVGBTC formed bearish divergance on 4h and with high probability finished Major W1 run aiming lower for A-B-C correction (W2)
I´m selling 50% here at this range of 1300 and in case it will go higher up to 1500 small portions all the way up and reloading 1K down to (expecting 600/700)
(Not a financial advice)
Verge Upside potentialVerge (XVG/BTC) has made a strong rally in the last few weeks and is now at the resistance level around 0.000013.
If price goes down from the resistance level we can expect a reaction from the support level around 0.000010.
If price goes down the the aforementioned support it will also break the ascending trendline which could turn out to be a false break since the momentum is bullish.
At the moment it's best to wait until price reaches the support level since it can provide very good buying opportunities and it can easily reach at least the resistance level around 0.000013.
There is also bearish RSI divergence at the moment, which could mean that the bears are taking control, although it's too early to tell.
Good Luck,
CryptoTrendline
Buy Zone still around the 1050 markDowntrend still intact.
Volume too small on last bullish push to indicate a bottom was hit and was quickly forced back into the descending channel.
This is not financial advice :P
XVG respecting old 50/61 in pinkbounce of old reverse 618 came back touched the 50 if it holds and breaks out going to the 128 extension since each move up from high to high since the downtrend turned up has been 128 touch each time.
XVG Correction - Potential ScenarioFor those of you that have been following my posts on Reddit please realize this is a totally different type of TA and is not as predictable as the short term trend analysis I've been posting. I picked several breakouts in a row this week and I don't want anyone thinking that every pick I make is correct. That's certainly not the case.
Verge has obviously entered into a correction. The question is how much does it correct. First of all, this correction could end at any time and resume an upward trend. But, if it plays out in typical correction fashion the next level of support will be at 1141. If it breaks through that level the next major support is 1044. I don't think it drops below 1044. If it does then we could see a major correction.
This correction could run through Thursday and begin another move up late Thursday into Friday.
If I see anything change I'll post an update.
Abort the aborted to the D-DAY! 2000 next or a BUST,4/18/18I love being wrong as well, particularly, when i post something hastly, and did not follow up, after resistance was broken, but I hope you saw my previous posts and knew that i was still aiming for 1300, which we indeed reached :)
What now?
Lots of volume at the peak of 1300+, correction is viable as a lot more weak hands are present here.
Lets see , if, 3-4 was actually 1-2, then C-D is 3-4, the D-E is very viable here. So at this point, it is hard to predict where the price we got from here, moon or earth.
Either way, thank you verge for making us all some $$$ :)
Just remember, buy the rumor, sell the news!
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
Thank you,
Ajion
Bull Flag XVGlooks like we might be forming a bull flag here with around 1180 sats being next nearest support.
