XVG – Verge – 4600 % profit/loss ratio – another sell-off

BITTREX:XVGBTC   Verge / Bitcoin
Hi Guys!
Today we have another opportunity for you.

As you can see on the chart the price of XVG is very low. Yes, this is not the lowest level ever but if you set your stop wisely you can have a very profitable trend with a minimum risk.
Please look again on the chart. Within last year we had two rallies. One in December 2018 with a nearly 4000% gain. Yes OK, it was last bullish , crazy year. We also had one rally in March/April 2018 although we had a bearish market. In the second case, there was nice, decent 400% gain.
Moreover, when XVG starts growing it happens very fast. It is just a matter of days/weeks.

Here are current technical analysis details:
• Very low on the Fib scale (not record low)
• Great profit/loss ratio – 4600%
• On the daily chart , all EMAs were broken – let’s wait another day to make sure the price starts with another bar over TenkanSen
• Weis Waves - the correction expected but after this straight north.
• Set your stop-loss at 0.00000139

So this trade is potentially very profitable. We may encounter a few ups and downs but if the market allows this trade will let us earn a bit of money.

Thank for reading. We hope you enjoyed this.
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Don’t hesitate to comment in the section below.

WBM Team
Comment: EMAs

Related Ideas

I have the same analysis. Good work. I have all my sells around 1850-2000 satoshis

Moon time
+2 Reply
WBM_Team kennye87
@kennye87, thanks for sharing
Ohn man, i feel bad for you
Thanks for Building Confidence
+1 Reply
I'm seeing a possible retrace to the .786 (162-165ish) region. Does that seem plausible to you?
+1 Reply
Thanks for the idea
+1 Reply
Hope it works.
+1 Reply
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