XVGBTC: going to zero?I don't care about these coins - they'v been good for pumps/dumps but nothing else. There's no economy being built around them. I'v never seen a partnership that wasn't a price manipulation scam. So I don't believe that any of them have any genuine fundamentals outside of bubblenomics.
I think most will return close to zero sats within the next 12 months. Verge is a good example and I'v been watching it and trying to play bounces, although I haven't touched it for a long time. The price action is deflationary, I don't see any real action now.
The indicator suggests further decline too, perhaps into 2020. I will keep watching, but I am bearish on alts. For those waiting for the Alt Spring, I would say only that the alt breakout of 2017 happened only after BTC reached its previous ATH and, of course, it was part of long-term bullish move where people actually believed these projects had merit... clearly they don't and it's also clear more and more people know this.
XVGBTC trade ideas
it is the time to buy & hold some xvgbuy : 50-53
sell : 67 - 75 - 83 - 91 - 106
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Ascending triangle - Breakout's eveTwas the eve(a few days) before Breakout after vigorous lows and highs over the course of a few weeks, clear patterns has emerged most notable is the formation of the ascending triangle.
The ascending triangle is a bullish pattern, which gives an indication that the price of the security is headed higher upon completion. The pattern is formed by two trendlines: a flat trendline being a point of resistance and an ascending trendline acting as a price support. We see the challenges at the line as we continue to closely track this forecast.
XVG will back to channel and test resistance?From ATH %98 lower XVG may return the channel. It needs to break 2 resistances. First:52, second:62
then it is possible to see 160's. If altcoin party starts we can see new high levels.
Good luck!
Verge is about to VERGE! 13 AUG strong Fractal! Crazy LOAD UP!Alright, Verge followers.
The time has come for you to reflect on this oversold condition!
Analyse 2017, look at those .40 prices. Those were excellent entries. U think, it won't repeat? I argue it will!
Look also at the FIBS obviously the panic was so hard. It dumped the below. 1.68 price, and crashed right into 40.
Also, look at the Wick crash, indicating final capitulation by some bag holder, and SL triggering through the roof!
What we have right now, is the lack of SELLERS, there aren't any sellers left. Those that weren't triggered, aren;t eager to sell.
And those that still holding, are crazy HOLDERs.
I strongly, believe, buying VERGE at THESE entries, is very speculative, and healthy for any trader to make quick gains :)
Good luck everyone ;)
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analyzed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!
Fractal dates are moments of interest, where price and time collide to create oscillation - vertical lines!
Thank you,
Ajion
$XVG - TRADE IDEA$XVG
Short / Mid / Long term Scalp/Trade/Swing
Acquire : 44-46
Targets :
Fibs: 53 > 71 > 75 > 102 > 109 > 123 > 138 > 145 > 172 > 176 - 195
OBs : 68>71 ~ 103 > 134 ~ 156>183
Moving Averages : 50MA Daily, 100MA Daily and 200MA Daily.
Pivots : 63 > 72 > 88 > 97 > 106 > 115
Use your own risk management strategy with this trade. As it's a LOW SAT coin they're very hard to manage %'s because each 1sat is over 1%.
Trade Safe.
XVG hitting support not broken since 2017|Upto 4470% profitThe XVGBTC is moving within a descending triangle since july 2017.
The support of this triangle is at 0.00000048 sats which is very firm and cannot be broken sofar.
The RSI upto week chart is already oversold and the 2 week chart's RSI is almost near at oversold.
In the meanwhile the price action is also forming a bearish shark which can lead to huge profit possibility insha Allah.
However I would suggest to buy after atleast the MACD on week chart gives a weak bullish signal.
As per fibonacci I have defined some secure targets and also aggressive targets upto the completion of shark's leg.
The targets are:
Buy between: 0.00000208 to 0.00000048
Secure sell targets: 0.00000671 to 0.00001331
Aggresive sell targets (Upto the completion of Shark's leg): 0.00001793 to 0.00002194
Regards,
Atif Akbar (Moon333)
We need a PUSH!Hi all! Im a big fan - whale of XVG . I believe we should have good fundamental news to move to my target at 148sats.
I can bet that price wont drop less than 50 sats!
Verge has a fantastic community so hopefully soon we go to the moon! (if BITFINEX:BTCUSD will hit 15k)
P.S. I bought more recently at 71sats :(
Verge (XVG) Huge Long Potential 10x+ (SHORT TERM)Verge slowly reaches a point where he can no longer drop. That means it is the best time to buy Verge. Everything under 200 satoshis is a low price.
I already started to buy Verge at 180 satoshis and I am still holding these bags.
Many people have started selling their altcoins because they think they only make losses in the long term against BTC. That's the time you have to strike. Buy when others bleed and react from FOMO.
Short term target: 800-700
Update comes when we reach the target.
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Check this Verge trade from before: