XVGUSD trade ideas
XVG Upward TrendStrong RSI combined with a growing trend - likely to continue if price stays within green. RSI squeezing could be cause for a lunar landing.
XVG regression recoveryRecovered nicely from the large dip. Upward trend could continue if green support line is satisfied. Strong support at .15
XVG Verge seems to be getting ready to make a move, but staying conservative and neutral till they drop some news on Wraith. With the whole crypto space looking ready to blow up (Anticipating BTC to break 20k) XVG has a good tech and setup but I am staying conservative since there are so much better Crypto plays but this should definitely be on watch!
XVG clear breakout incomingAs we can see, the clear symmetrical triangle pattern indicates a breakout likely either up or down.
Given the Fib retracement, I think the price has tested both the lower 0.15 red region and the lower 0.382 yellow region, and has bounced back up successfully. I expect the price now to drop slightly to the lower 0.5 region bound and shoot UP into the upper 0.618 blue region, and onto the moon.
Let me know what you all think!
XVG 200% profit potential! Lets wait..Potential breakout here, still in consolidation. Beautiful symmetrical triangle formed, two strong green candles will start the breakout.
RSI strength needs to increase also needs some more upwards volume, be patient and hold.
Keep an eye out for bullish indicators and lets trade!
Potential 200-300% profit.
Verge update XVGVERGE had some consolidation on verge,
You can take long positions or scal in the trading channel.
the moment the lower trendline get broken, for instance when you see at least a 15 and 30 minute candle closing outside the channel. you can assume the consolidation broke downwards.
Secondly take into account in case of a major spike downward, the market usually trades back upwards towards the trendline to test and confirm the outbreak. You ll see bars trading against the lower side of the trendline on smaller timeframes ( 5 . 10 and 15 min) before downward resumption.
verge is a pump and dump. if you cant handle the stress, lower your positions on it until the level you feel comfortable to avoid panic selling.
I m currently holding only a small portion in verge, moved to KIN, Ripple larger size, LTC and BTC partially,
Actions that can be taken:
Buy the touches of the lowest trendline of the channel.
Sell at the top of the Trendline or hold 50% in the event of a break upwards and continuation of the uptrend.
Trade safe
XVG sustaining growth. Target up to 0.36 USD for 100% GainsThe bullflag is holding well on XVG this can bring us into the 0.60 USD level.
Technicals show a breakout upward is imminent
First target is 0.36 USD at 23.6 Fib extension
Second target is 0.48 USD at 61.8 Fib extension
Third target is 0.60 USD at AB-CD targeted move.
Cryptocurrencies tend to Overblown Fibbonacci targets heavily.
Buckle up XVGFam
See you on the other side
XVG performin bullish patternVerge is set to open new bullish run once it will break up from symmetrical triangle as shown on 1H chart.
The symmetrical triangle usually forms during a trend as a continuation pattern. The pattern contains at least two lower highs and two higher lows. When these points are connected, the lines converge as they are extended and the symmetrical triangle takes shape. It is similar to contracting wedge, wide at the beginning and narrowing over time.
Only when XVG fails to break up from triangle, we could argue that bullish run is over here.
Still waiting for the E wave?Another possible 12 hours for the E to complete, touch the bottom trendline and the breakout.
XVG wants it bad #XVG $XVGXVG wants to break out so bad. Im betting early next week we hear some news about a new release the pushes it higher. The time to build a position is now.
Buy momentum on Verge. 12 month tradeBuy momentum on Verge. 12 month trade
I had a dream and dreams come true
XVG/BTCSeems crazy, but if the volume stays high, we will see another incredible move, not bad! Patience pays off.
XVGBTC XVG/USD Verge, triangle in triangleThis is an update to the previous 'Trading-Idea', i tried to show where this looong postponed and slow behavior comes from, since everybody on different social networks is claiming that TRON, ADA and many others perform much better. From my opinion is it some kumulation of two facts, the previous rise of 30x, and the drama-show which contolled everybodys christmas and NYE. It feels really a little slow, but the absolut numbers speak for themself. The original triangle is just streched by above mentioned facts. Still everything looks just like postponed.
XVG - Welcome to Wave #5Elliot Wave #5 forming right now on Verge.
Just in time for the potential Forbes interview with the developer Sunerok.
Breakout strategy for VergeAs soon as Verge breaks out of the triangle, it will likely rise up to a new All-Time-High between 0.3$ and 0.4$,
Risk Med/High
