XVGBTC trade ideas
Verge (XVG) on the move. 100% gains and more chance.After it's long way down Verge is on the move again.
It broke out from it's long term down trend the last few hours.
If Verge is able to break trough the 735/740 Sats area it could start a new long run.
Targets could be the FIB levels of last ATH.
No advise. Trade on your own risk. Good luck!
VergeEntry and targets:
Accumulate under 730 for now.
Targets are:
915
1143
1308
1463
1664
Even 2000
Your stop loss should be around 10%-15% under your buy-in. This allows some breathing room because this is a medium to long-term call.
Good news coming:
coinmarketcal.com
NOT AN INVESTMENT ADVICE. ANALYSIS BASED ON TA
XVG LONG, it is finaly making a moveThe legend is alive. like the phoenix it will rise from the ashes ;)
Seriously, XVG is showing a strong bullish flag. wait for confirmation at 650 level.
People are considering that the correction is over and will move their attention to the ALTs to maximize their profit.
The new wave of alts is coming brace yourself. all the 100fst coins will rise again. consider low cap coins for high profits.
Selem.
XVG Complete Guide to Trade and MAke Profit of 200%XVG is a Coin which a lot of People have bought at Various Prices .even at the top and want to know where its going will they cover theri losses so here is a complete Breakdown of how XVG is going
As you can see XVG Now at the 0.25 Fib Resistance Fan and is holding good so now we have to make sure that Holds
We have some Resistance at 727 which we need to Break but it should be a Good 20% Profit if we buy now
Here are the Targets Buy below 630 or Wait for it to Break Green Trend Line
TP 1 - 730
TP 2 - 790
TP 3 - 950
TP 4 - 1000
More Targets will be Updated
Stop loss should be 580
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XVG Bear MarketLet's start with the long term view of the XVG. The Relative Strength Index is a good indicator of the cyclical bull and bear markets. In addition, the Exponential Moving Average acts as support in a bull market and resistance in a bear market.
In January, we fell into a bear market as the RSI dropped below 50. The coin fell through the rising trend line and MACD crossed below zero. This is consistent with the fundamentals of a weakening trend, and a recession.
In the turmoil of January, VERGE fell below the support 50-Day EMA, which were indicators of further weakness. Now the coin testing the 100-Day EMA.
The MACD is trending down, though it is at a low point where it normally turns up.
We could also see a pull back from the support level at 300 Sats before making a push up through next resistance level at 600 Sats. If this happens, use the dip in price as a buying opportunity.
VERGE Be Careful of Bull TrapExpecting a dip within the next few days. Huge support at 600 and 640. Don't believe VERGE can surpass 640 mark until the markets in a true bull run .
I also believe we're still in a bull trap at the moment, so lets see what happens.
What do you guys think? Please let me know your opinions.
XVGBTC Loooking beautiful for a breakout, need volumeXVGBTC has been going down for a month together with the whole market, but it seems like it has completed its retracement to support and now it could break out. You can go in for a trade now or possibly wait until it dips fast to red line support for a better entry. If it goes below red line and below the 100 MA than downtrend is confirmed
XVG PRICE ANALYSIS (verge Breakout Soon)hi friends you can see xvg comes at its bottom of correction the end is near, xvg breakout is coming soon it holding strong support at 600 sats , we can see that xvg taking support at that green trend line and if it breaks that red downtrend line then we can see another xvg bull run watch out carefully if xvg starts its bull run then it will be huge