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XVGETH trade ideas

xvg signs of recoveryIt already touched a nice support..could drop a little lower to the fib retracement level indicated. If we look at the tdi, there has been a main price movement that was downtrending, it has touched a significant low that can promise recovery. If we look at the adx di we can see that the green has crossed the red line and the trend strength, in this case downtrend strength, is becoming weaker. Wait for confermation from the 20-50-200 ema, a nice breakout candle is the perfect signal for entering
Long
by Minimalist15
2
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
What i think about XVG. I would like to remind you im not a financial advisor and that I do not commit to the purchase or the sale and that these analyzes are for informative and / or educational purposes, you are master of your capital and discharge me consequently of what you make of it. ______________________________________________________________________________________________________________________________________________________________ As we can see, XVG is in a oversold phase, I d'ont really know why this happened but it can give, i think, a good entry point at the new support line (in purple). We can expect highter mooves (maybe after a cup pattern) due to the pornhub/xvg partnership. Good luck guys.
Long
by JEZZRZZ
The fight goes on!Soo since my last post, I said we have to wait for a breakout in the resistance line(white) 0.00017915 and it happened. We got it and the candles hit 22% of profit, which is a great thing. With the fact that the market works in waves and we are now passing through a downtrend as you can see the 20 EMA(blue) still down followed by 50 EMA(red) and the candles had broken down the channel, but it has stopped in a strong support line(red) at 0.00013770, with that in mind we have to wait to see if it will bounce or will continuos going down. The MACD had shown to us a little pump on April 16 which makes sense cause we can see a bullish crossover there in the circle(yellow) but the volume of buyers had no strength to break the resistances ahead, which consequently maintained the current drop of XVG with a very strong volume of sellers (red arrow). My guesses: We still in the final rally on MACD and a very strong support as I mentioned before, this added to the fact that Elliot's Waves ABC(green) is not completed yet corroborates with my idea of a possible new rise soon, probably close to 0.00017248 the line that will determine whether or not it returns to the uptrend channel. So don't overtrade guys, lets the market shows the answers. Always remember my fellow friends, I'm like everyone here who is trying to improve my views on Charts and patterns, never take this as a financial advise because you are on your own. If you liked or with you have an opinion about, I'll be happy to read it.
by dn3ctrader
XVGETH (Binance) (15m) - Formation of Cypher pattern in progressXVGETH (Binance) (15m) - Formation of Cypher pattern in progress XVGETH has already shown the completion of Gartley pattern formation. No we're expecting the cypher pattern formation with a temporary fall to 127 extension. This provides a good buying opportunity on 127 extension (0.00017757 eth) To short following can be the targets 1. Target 1 : 0.00019486 / 382 retracement 2. Target 2 : 0.00021384 / 786 retracement Chances 50/60%
Long
by Ashwini02
POSSIBLE WAVE 5 FOR XVGUsing Fibonacci and elliott wave theory here it looks like verge is in wave 5 territory. Targets are based off of a 1:1 extension of wave 3 and also 1.618 extension. This coupled with all of the positive moves the company itself has been showing makes me extremely bullish on this coin right now. This is just my basic analysis of this and some may see it differently but this looks to be a good trading setup for right now. Have a good night everyone and thank you for viewing and thanks in advance for any thumbs up or comments. As always please make sure you do your own research as im not a financial advisor, just here trying to share my thoughts and work together to be successful traders
Long
by bubbap22
XVG is on Fire! Looking over the last few days it seems that XVG has found some nice movement in overall volume supporting its most recent break out and up-trend. Currently Technical Analysis Summary is in large support of a buy. Indications for moving averages are showing support for the up-trend and even with the bad health of BTC this thing continues to make a move to the upside. Looking over support and resistance I'd say we should look to expect some consolidation. Looks like there are two potential trends and channels.
Long
by HustleEconomics