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AlanSantana
Jul 31, 2018 9:40 PM

Verge (XVGBTC) Good Volume Building Up! 

BINANCE:XVGBTC1D

Description

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I am seeing good volume building up for Verge and some early reversal signals.

There is strong bullish divergence on the MACD and the weekly chart is looking good.
We need more time for confirmation.

A good weekly close can put Verge on the track for a trend reversal but we start with the daily and keep track of its movements.

Good idea to keep a close eye on this one. I would personally buy Verge for a long term hold at this price.

Note: This is not a trade idea. This is for learning and entertainment.

Thanks a lot for reading...

Like, share, comment and follow for more updates on this coin.

Namaste.

Comment

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Biggest volume since the beginning of May on the daily candle.

Comment

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I know that XVG hasn't found bottom. Just keeping an eye out on it since volume is going up.

Let's see how the rest of the week goes and where will XVG be at on Monday...

Comment

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You can see BNB as well here:
Trend AnalysisChart PatternsTechnical IndicatorsvergexvgXVGBTCalanmastersbinancebittrexBitcoin (Cryptocurrency)BTCusdt
Comments
ReallyMe
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I don't know where your looking, but in the chart you've posted, there's no confirmation of the declining trend reversal whatsoever yet. It is to early to call the bottom. XVG is clearly still falling.
You know the trading rule #1 "do not try to catch the falling knife" ?
A single day volume spike does not mean anything in the long run. Stop fooling people around ;-)

TracksuitTrader
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@ReallyMe, I agree with you, but on the other hand if you've sold at the top this is not a bad place to start gradually buying yourself back in.
Bas_
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@ReallyMe, don’t talk like this man.
elyasrz
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you can buy now
and what is the next targets
also please if you have telegram channel
AlanSantana
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@elyasrz, Yes, you can buy and hold long.

I haven't looked at targets yet. Just waiting to see how it will playout.
sushitime
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Nice analysis! thank you sir.
AlanSantana
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@sushitime, My pleasure.
JanePaula
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Binance Coin too.
AlanSantana
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@JanePaula, Yes, BNB doing good.

KLYP_Investment
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lol
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