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XVGUSDT trade ideas

#XVGUSDT (Watchlist) 9-2024XVG is hovering near its resistance level at $0.0049. A breakout above this could lead to potential targets at $0.008 and $0.012. Our last trade in XVG delivered around +250% / 350% profits, so it's worth keeping a close watch. The main support to monitor is $0.0029. When we recommend adding a coin to your watchlist, it's typically due to forming a pattern, nearing a historical bottom, or approaching a strong support level. It may also show increased trading volume, reversal candles, or be in an accumulation stage. While we haven't observed a bullish reaction yet, we advise monitoring it until an optimal entry point emerges. PS: We avoid trading coins associated with gambling, prostitution, human trafficking, etc. Note: This is not financial advice but an analysis of coin movements. Conduct your own research and practice risk management before making any investment decisions. Remember, the cryptocurrency market carries significant volatility and risks. Best wishes to all, we ask Allah reconcile and repay. 🙏
Long
by HamadaMark
XVG buy/long setupThe large structure of XVG has been bearish and has been involved in a correction so far. Now we have an iCH and some iBOS on the chart. We have a support range in which we expect price rejection upwards. We are looking for buy/long positions in the green range. Closing a daily candle below the invaliation level will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
Verge — Engines On, Bullish Move About To Happen Verge printed a bullish signal on the daily chart and prepares for some upside momentum. Here's What Has Happened 👇 XVG printed a bullish MACD crossover on the daily chart. Simplified speaking, this happens when a shorter-term moving average moves above a longer-term average. Practically, it tells you that the token is getting some upward momentum, which likely leads to a further price increase. Signal Details 🧐 The signal flashed on the daily chart and had extraordinary backtest results. Based on 26 historical signals, XVG gained over 10% after signals flashed in 80% of their occurrence. Other Technical Indicators 💹 Most momentum indicators are in the neutral zone and support the signal. Many trend indicators have turned bullish or are about to turn bullish. Additionally, the ADX shows a strong trend and should help to realize the signal gains. What about the chart 📊 XVG's 1D chart perfectly supports the signal. XVG has found strong support at $0.004 and bounced nicely. The signal's profit potential (~10%) aligns with the next resistance at 0.0046. If Verge breaks through this resistance, 0.005 is on the radar. Trade Setup ✅ Aligning with the automatically calculated 10% potential, I would go for a first take profit at 0.0046. Closing 50% of the trade at this level is reasonable. Additionally, the stop loss should be moved below 0.0046.
Long
by ben_walther
1
Verge (XVG) - Hidden bullish divergenceOn the above 12hr chart price action has corrected 70% since early April. A number of reasons now exist to be long. They include: 1) Price action and RSI resistance breakouts. 2) Trend reversal. The first higher lows prints since March 20th. You saw what happened when the first higher low print was correctly identified 48hrs ago on Bitcoin price action at 61k 3) Hidden bullish divergence, do you see it? Price action prints a higher low with a lower low in Stochastic RSI. 4) The target area is almost 200% as measured from the pennant formation. 5) Price action on the 4 day chart prints a Dragonfly DOJI candlestick with confirmation candle as support on past resistance confirms. Is it possible price action corrects further? Sure, sellers love selling after a 70% correction. Is it probable? No. Ww Type: trade Risk: <=3% Timeframe for long: now Return: At least 150% 4 day chart Dragonfly DOJI
Long
by without_worries
7
XVG short to mid term predicition!Hello traders! Currently Btc hovering around 61k range. Soon it may attempt 70k range when people least expected! Or find a strength below 60k level then rise above 70k. Nobody knows for sure how it is going to play out but we should see above 70k range one way or another. In the mean time we have another risky bet but surely most interesting at the moment. Market cap is below 100 million level and daily volume is above 100million. Right conditions for rally is out there but not very clear cut. If this coin able to break key levels we may see sudden %170 move. Of course we do need a bit more volume but it can happen in no time!
Long
by SpaceCatZ
3
Xvgusdt buy opportunity you don't want to miss!!!!Xvgusdt is currently trading within a potential ascending setup following a 5-leg drop, signaling a potential upward breakout. We have identified a clear setup for potential accumulation and recommend establishing a stop loss level to manage risk in the event of a reversal. Your engagement is valuable, so if you find this setup helpful, please consider liking the post and sharing your comments. Thank you for your support.
Long
by weslad
11
Verge (XVG), over 100% upside potentialBINANCE:XVGUSDT , 4h On the daily timeframe, price is trading around a previous swing low area which is also above the 200SMA suggesting the long term trend is bullish. On the 4h, two chart patterns are emerging; 1) Descending Triangle & 2) Cup and Handle. It is prudent for traders to wait for break out or break down of the pattern to initiate a trade. For a long entry, trade could be initiated after the breakout of either chart patterns but stop loss could be tricky on this one. 1) For the descending triangle, SL goes below the swing low, that is the horizontal base of the pattern. 2) For the Cup and Handle, a tight SL could be set just below the low of the cup’s handle (green circle) Take Profit (TP) targets could be the previous support area turned support (red rectangle) with subsequent targets at the various market structure levels indicated with the red circles. As always, ‘’anything can happen’’ so let’s be patient as the market unfolds. #DYOR
Long
by daymouse