alanmasters
Long

[XVGBTC] Verge Wants To Do It Again [650%+ PP]

BINANCE:XVGBTC   Verge / Bitcoin
Verge (XVG) is one of the most famous cryptocurrency projects out there and was one of the first altcoins to move up on the last up wave. Right now, the charts are telling us that Verge wants to do it again. This is pretty easy, buy and hold... That is all it takes. Once we start to hit our targets, you sell and collect your gains.

Let's proceed...


Charts, signals and indicators

Above we have the weekly chart for XVGBTC . The weekly chart is good because you get a bigger/better picture of what is happening with this asset.

- The last indicator at the bottom is the STOCH . You can see how it is curving up from "oversold", the white space at the bottom. Notice also how XVGBTC price increased and this indicator only moved a little. With several months of retrace and the STOCH finally 'waking up', it is time for Verge to generate us some funds.
- Volume is good this week, the highest since April. April is when Verge had its last run up.
- The TD Sequential went on a full negative 9 count. Weekly candle closes today and a new count starts.
- The general chart structure shows clearly that there is plenty of room for Verge to move up, but there isn't that much space left to go down. Verge retraced all the way back to December 2017 levels.
If you want to take a closer look we can take a look at the daily chart , come with me, let's do this: 
- Here you can see the volume the last two days, great volume , which is a sign of a "wake UP".
- The RSI has been the highest since April.
- Astonishing bullish divergence on the MACD .
- Bullish STOCH as well and bullish everything basically.
- These are still early signals though, we need to break and close above EMA50 (magenta line) to signal additional strength.
- Very low risk, high potential rewards...
- This is an easy trade for us. All we have to do is the following: Buy, hold/wait, sell on target... ENJOY THE PROFITS. That is all it takes.
- Namaste.


Trade instructions for Alan Masters followers

Buy in: 0.00000230 - 0.00000260

Targets for Alan Masters followers

(1) 334
(2) 410
(3) 540

Note: Additional targets available to Alan Masters Trades PREMIUM supporters.

Stop loss: Close below 220 satoshis (0.00000220 btc ) on the weekly time frame.

Capital allocation: 5-10%.



I TRUST: I AM TAKING THE NEXT STEP

This morning I woke up, I knew it, I had the feeling that my life would change.

It was a difficult moment, but it has been like this for longer than what I want to accept.

So I fill myself up with courage and put a painful but beautiful smile on my face.

I tell my mom and loved ones... "I am ready, I trust, I am taking the next step!"

Namaste.
Trade active
Comment: Nice consolidation, very low bear volume yesterday. Very good signal for additional bullish action after retrace+consolidation is completed:
Comment: We continue consolidating nicely.


- We have EMA100 (dark blue) acting as resistance. This is the next level we need to break to continue our climb up (261 satoshis).

- We have EMA10 (light blue) acting as support.

You can feel free to buy in anytime you want.

Namaste.
Comment: Move stop loss to close below 194 on the weekly.
Trade active: Time to move back up... We continue trading XVGBTC:


- Higher low on the daily time frame.
Comment: Few more days for another push up...
Comment: XVGBTC is moving... we are still within buy in range:
Comment: Here you can get updated posts for our XVGBTC trade:
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Comments

Anything news from this trade, sir ??
+1 Reply
alanmasters TrungNhan
@TrungNhan, Yes still active.
Reply
TrungNhan alanmasters
@alanmasters, Thanks , Do u think XVG will break out and move down to sp zone.
Reply
alanmasters TrungNhan
@TrungNhan, Can move anytime now.
Reply
Thanks for the update, mate!
Namaste :)
+1 Reply
alanmasters moksongmin
Reply
Stocked up on XVG! Nice analysis!
+1 Reply
@JStar82, Thanks a lot.
Reply
what about ICX ?

+1 Reply
alanmasters TheWolfOfCryptoTrader
@bingbang, Have it here:
+1 Reply
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