XVGUSD trade ideas
Verge Price Analysis XVG / USD: Back In The CoffinVerge / USD Short-term price analysis
Verge has a bearish short-term trading bias, with the cryptocurrency now trading below its 200-period moving average on the four-hour time frame.
The four-hour time frame shows that a large inverted head and shoulders pattern has now formed, with sellers working hard to invalidate the bullish pattern.
Technical indicators on the four-hour time frame are bearish and also appear overstretched to the downside.
Pattern Watch
Traders should note that the October 2018 trading high is the overall upside target of the inverted head and shoulders pattern on the four-hour time frame.
Relative Strength Index
The Relative Strength indicator remains bearish on the four-hour time frame, although it is attempting to correct from extremely oversold conditions.
MACD Indicator
The MACD indicator on the four-hour time frame remains bearish, although it appears overstretched.
Verge / USD Medium-term price analysis
Verge has a bullish medium-term trading bias, with the XVG / USD pair still trading above its trend defining 200-day moving average.
The daily time frame shows that the XVG / USD pair is trapped within a horizontal price channel and is now moving lower after testing towards the top of the neutral price channel.
Technical indicators on the daily time frame have turned bearish and continue to generate sell signals.
XVG / USD Daily Chart by TradingView
Pattern Watch
Traders should note that a bullish inverted head and shoulders pattern is also visible on the daily time frame.
Relative Strength Index
The Relative Strength indicator has turned bearish on the daily time frame, highlighting the growing medium-term selling pressure.
MACD Indicator
The MACD indicator has turned bearish, with both the MACD signal line and histogram issuing a strong sell signal.
Conclusion
Verge is coming under downside pressure across both time horizons after failing to break away from its longer-term trading range.
The bullish patterns on the four-hour and daily time frames still suggest that XVG / USD pair could eventually perform a much needed bullish breakout.
Long XVGUSD: We need a H1 candle to close about 0.1034 to enter
We have a new Higher high & HIgher Low on Daily Chart
Price is on a sideway on H1 chart, maybe an accumulation.
We need a H1 candle to close about 0.1034 to enter LONG.
Nearest target is 0.15
Stoploss at 0.085
XVG - look at %Verge had one of the most insane pumps last season. Just look at the % gain. It pumped so hard that after 98% retrace you are stil up 18000% if you held from the bottom. It pumped 1403000%. From here it has to go more than 2000% to reach ATH but who knows maybe it can go another 6000%. Small investment, buy hold forget about it.
Tactical XVG long for a breakout
XVG poisted to break through resistance. 30-40% upside to the next resistance level of .014 USD.
VERGE USD 1D 2 PERIOD RSI STRATEGYStep 1 Add RSI to chart
Change RSI period setting to 2
Change RSI levels to 5 & 95
Step 2 Sell when the 2-period RSI indicator crosses above the overbought 95 level or
Buy when the 2-period RSI indicator crosses below the oversold 5 level.
Step 3 Find appropriate SL
Step 4 Take Profit when the 2-period RSI indicator crosses
Sell-below oversold 5 level/Buy-above overbought 95 level
xvgusd 10 cent till end of YearParabolic trend of Verge Coin shows the goals 10 cent end of this Year
XVG USD bulls could get up from sleep soon...Altough if for those this scenario could look like fantascientific, here on XVG USD we have one of the most discounted and undervalued crypto offers out of the radar of the mainstream media, which could probably wake up very soon from a long bearish momentum.
Fundamentals still looking great, community very active and loyal, recent github important commits like IOS wallet (soon will be released the new codebase), product working perfectly, more and more to be...
Don't say I didn't tell you: buy or cry!
Vito
Bitcoin Comparison to Altcoins in the last cycleThis analysis is for fun, it is strictly my opinion. You buy or sell at your own risk. Own your decisions. Analysis can change at a moments notice, then we look to see what happened, and do another best guess scenario.
#XVGUSD: Higher support levels to $0.0122 USD in coming weeks?$XVG $USD
Price of BITTREX:XVGUSD above cloud on hourly chart with a nice pullback that offers an opportunity to enter the trade. Weekly price crossed the 20 week resistance level at $0.01 USD signaling a bullish momentum in the coming weeks. New higher support level at $0.0122 USD? Adding more $XVG!!
Lots of lines pointing to $1+ $XVG #VergeCurrencyI haven't done this in a while so decided to fool around a bit given recent bullish indicators all across crypto.
Has anyone else put together a chart like this? Seems we have just 3 or so resistance lines before the next ATH . $1+ doesn't seem all to unreasonable.
Any comments? I'm open to suggestions/pointers.
I would also like to ask those Elliot Wavers here to put together a historic macro chart (since inception) as I'm deeply curious.
Thanks!
Looking for a new GEM 10 ( shit coin in crypto )When I was training my sales team, I was teaching them the strategy of KISS!
KEEP IT SUPER SIMPLE. There is no difference in trading.
Let me tell you what you need;
Trend lines, Moving Averages, RSI ,Chart patterns, BB and some cool icons! That's all.
Don't confuse your mind with over hundred indicators that you don't understand how it works.
I am not saying that if you study price action and volume, discarding all other factors, you can get always 100% positive results but you will get a great result for the time you put in your trading / investing.
I sometimes just kept saying this coin cannot go down any further. I did not know what I learned later, that there is no such thing as cannot in the market!!!
Dec 2018 on Twitter, All Verge followers were saying that XVG hit $1 soon! Thanks to John McAfee!
His tweet was on Dec 14, 2017 : I included Verge (XVG) because it is a legitimate privacy coin and it is also selling for less than three cents. If you know investing, you know that it is easier for a 3 cent coin to go to 3 dollars, than it is for a $300 dollar coin to go to $30,000
it made an incredible move! Verge won the award for the biggest gains of 2017 at a whopping 1,581,942% peak gain.
So what? 90 % people lost money on XVG. WHY?
1 )They didnt know TA
2 ) They didnt know how to take profit
3 ) They were just blindly waiting Lamborghini !
In a bull market, Everyone is genius. They think They know everything.
When the bear market comes, It took everything ! Not just the profit !!!
When I first met with XVG in May 2017 , He was a pump baby. No one was expecting anything from him to break all the records . I was also not optimistic about him until John Mcafee promotes him . Most of you already know the rest of the story.
What is next? It is so close break the downtrend-line line, After losing 98% value. As long as it is above the support line, We can target the next resistance levels. Otherwise, It will lose 20 - 70 % value !
I bought a huge bag of XVG at 180 satoshi with a stop loss. Let's see how it goes!
$XVG Bullish Momentum $XVG looks like it could break to the upside any moment.
*trade at your own risk*
XVG IS GETTING READY FOR MASSIVE BREAKOUT - CryptoManiac101XVG / USD TA
When are we expecting Verge to breakout?
Q1/Q2 of 2019
What's your target for Verge?
25 Cents (29 Cents is ATH for 2017)
Will it drop back down after it breaks previous ATH?
Most likely it will, however if it manages to maintain price above 29 cents and finds firm support, we will be looking for another LONG at that point.
