XVGUSDT trade ideas
$XVG vs $USD has a decent upside with confluence$XVG is bullish and targets are a bit difficult to find. I did the following:
- Drew real old daily support/resistance
- drew fibs on past 2 swing highs and lows
I got interesting confluence giving us a clear target we can go for. We're now at some sort of resistance, pushing through it I would expect our target to be reached fairly quickly.
XVGUSDTIn the channel structure the price moves. The price range of the canal floor has a low price risk.
Xvgusdt Forming Symmetrical Triangle 📐Xvgusdt Usdt is forming a symmetrical triangle if it breakout from the top them we can have good buy entry but if broken from bottom then we will have a nice sell entry. If you want to trade within the triangle the put your Stoploses to manage risk.
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XVGXVG remains strong but if it continues to correction my target buying level is between 0.024 - 0.018 (0.707 - 0.786 fib levels)
XVG/USD-XVG has not yet shown itself. Could it be the next doge? Another cryptocurrency that I like periodically is Bitshares.
It is not financial advice.
Verge - XVG|USDT - Huge Risk to Reward Ratio 🧐Verge looks promising. Still, make sure to have appropriate Stop-Loss in place.
Vergeusdt update1850% profit and still more room to go
After a correction it will get ready for higher price
Be patiant and set stop loss
XVG/USDT Update: Verge on its way to to 10xWe follow Verge now for over a month and see a constant recovery.
Still there is a lot of room to grow and we can expect Verge to get back to previous ATH.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
HoldHi
According to its weekly chart, it can reach its previous ceiling
be patient...
Coming soon 0.3🧐😉
Verge seems to be Undervalued and Good for Investment 24/02/2021Verge (XVG) is a decentralized open-source cryptocurrency which offers various levels of private transactions. It does this by obfuscating the IP addresses of users with Tor and by leveraging stealth transactions making it difficult to determine the geolocation of its users.
Verge Currency has a maximum supply capped at 16,5 billion XVG. It uses the Proof of Work (POW) mining principle with multi-algorithm support and 5 different hash functions: Scrypt, X17, Lyra2rev2, myr-groestl and blake2s.
Verge Currency was created in 2014 and originally named DogeCoinDark. It was rebranded to Verge Currency in 2016.
Following the bitcoin principle, Verge Currency has a transparent ledger that allows anyone to view all of its transactions, but protects user identities and locations. This was achieved by integrating both Tor to not expose IP addresses and using stealth transactions, formerly known as Wraith Protocol, to hide the value of transactions.
In April 2018, it was announced that the adult entertainment provider MindGeek would begin accepting Verge Currency as a payment option on its website network.
Also during April and May 2018, Verge Currency suffered from timestamp exploit on one of its 5 mining algorithms. This could have resulted in a 51% attack if it had only one algorithm.
as of now we can have up to 4 TPs for this coin and it seems to be very promising as an investment alternative and worth of reweaving and researching more on its fundamentals...
XVG - Bull run readyXVG has broken 2 years consolidation and is going to join the bull run party soon. wait for it to break the neckline before opening the long as it can either be cup formation or it can even make an handle and can go up.
Verge/USDT Going for a ride >200% PotentialAnother smallcap altcoin that only started its bullrun.
Volume increases and targets are set.
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
