XVGUSDT trade ideas
XVG/USDT lets see what will happen for it!XVG/USDT on daily time frame
it shows breaking the range box...
im set my order on0.003859
I thing it can see up to tp1 0.0043 tp2 0.0054 tp3 0.0065
be aware of entry price and dont set heavy leverages
market is on high risk .
its not a signal for buy or sell orders ,its just an idea .
please search yourself and share your minds with me.
wish you health and happiness love you everybody.
(from Mojax)
Can XVG grow?Verge (XVG) is one of the newest coins which I started to follow and invest in. This is trade (investment) setup on larger timeframe. I am not looking to reach targets 2,3,4 and 5 very soon, that could be year(s). I will sell most of my capital on targets 2,3 and 4. Small portion will be sold on Target 1 and 5.
Entry Zone: 0.0441 โ 0.0742
Target 1: 0.0137 โ 0.0148 (355%)
Target 2: 0.029 โ 0.03 (875%)
Target 3: 0.05 โ 0.06 (1837%)
Target 4: 0.1 โ 0.11 (3203%)
Target 5: 0.13 โ 0.14 (4199%)
XVG ANALYSIS (4H TF)Note: This symbol is risky, it has a small volume and its fluctuations are high, be careful.
This symbol has a bullish price action structure, it can move towards TPs by maintaining the green zone
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Draw the MASTER PATTERN CONCEPTS by handHOW TO MANUALLY DRAW THE MASTER PATTERN CONCEPTS
# STEP 1 - Identify the Contraction Phase
The contraction phase consists of a tightening of price where there is a simultaneous lower high and higher low, this is where the supply and demand equalize in the market. This is a leading indication that volatility is coming next.
You want to look for places where you find contraction/constriction of price, where it clearly looks like its moving into a defined consolidation zone.
STEP 2 - Identify the Expansion Phase
The expansion phase is the 2nd phase in the market, its known as the manipulation phase. It reveals incoming volatility entering into the market, this is where most retailers lose their money.
This phase can be defined as price breaking out of the contraction box, and whip sawing around the value line. This is the accumulation phase where the market makers accumulate their inventory from weaker hand holders.
Price usually whipsaws around the value line 4-7 times before the 3rd phase in the market starts, which is the trend phase.
STEP 3 - Identify Liquidity Lines
Liquidity lines are where the retailers place their stop losses, it is an excellent places to enter and exit the market.
These can be defined as HH or LL points on the chart where there are swing high and swing low points. By anticipating where these stop loss levels are located you can be aware where there are pools of resting liquidity. These are excellent places to enter or exit the market.
Understanding Contraction / Expansion and Liquidity are key price action concepts that help you understand trading from an institutional level and give you a deeper insight into the intentions of the market.
XVG/USDT - Market Alert! ๐ป๐ **Recent Highs, Possible Lows**: XVG/USDT is currently at a peak, but signs indicate a potential bearish trend ahead. ๐
๐ฐ **Trade Cautiously**: If you decide to trade, consider using only 3-4% of your funds. Choose between spot or futures based on your preference.
๐ **Bitxer's Insight**: We're sharing Bitxer's experience with you. Enjoy this free signal, and make informed trading decisions!
Remember to exercise caution and conduct your analysis before trading. Good luck! ๐๐ง
long xvgThis is a nice move to the upside and I think if BTC stays in the range and doesn't crash, the coin could have a huge upside. The lower order block has supported the price well, and the upward guard of the price has been fully maintained by rising above ma100.
This is not a financial advice and in general the buy position can be more risky in the current market conditions, so do your own research before any action and act only based on your idea and strategy.
XVGUSDT Is awsameVerge token is in a very good position and can reach high goals for the following reasons
1. The 200-day moving average of the price has well prevented the price from falling
2. The price is at 78.1% Fibonacci retracement level
3. The price is near a support and a good orderblock zone
4. Also, the price has a dynamic support, which has reacted well in the 4-hour time frame
Remember this is a position that was found by me and it is a personal idea not a financial advice, you are responsible for your loss and gain.