$XVG reached accumulation zone in 0.0028-0.004 per coin.
However it still under the pressure and might see further downside.
Regardless it's great time to accumulate.
Not a financial advice.
An updated view for XVGUSD on the Monthly timeframe showing a green down trend line that should be bought once broken above
A double Top can be viewed on this Logarithmic chart, allowing the formation of the red down channel
500% up for grabs here.
Just enter at the bottom of peak 9 on Newtons Wave and ride it up to $0.02
What Is Newtons Wave?
My name is Jason and I started trading stocks, shares and crypto just under 2 years ago.
Initially I started trading IBKR , and within the first few months I made $15,000 on MMEX on the OTC markets. I had ridden a parabolic rise, and...
is there anything which would make this count invalid?
- I mean, we all know that most alts will die one day tragically, i assume it to be a silent slow death to have as much as possible people suffer from it... ?! Is this a possible scenario?
Thanks for your feedback, have a nice day!
BTCUSD formation while it being created in 2014 shares similarities with the current bull formation on Verge in 2022
Following this structure on BTC we all I think know what happened
Will it follow on to XVG? This structure I have also seen across a few other coins.
I really would like this to happen, however, with market conditions and sentiment across the board it's quite difficult to forecast. However, with bitcoin dominance dropping I think we are in for an alt season show for Verge Currency.
I shared this chart on the daily timeframe a little over a week ago...
Here you have it on the weekly timeframe, the bullish breakout is already on.
Verge | Let Me Show You Another Signal... (375% Potential)
XVGBTC is moving above EMA10 and EMA21 weekly... This is only getting started.
Patience is key.
We buy and we hold.
We are getting closer to our target... This is how the XVGUSDT (Verge) pair is looking after 60%+ growth...
We can clearly see prices now trading above EMA100.
The next target is marked yellow on this chart.
Here is the previous analysis before the initial price jump:
Even though it is already moving, there can be much more
Verge (XVGUSDT) is growing vs Tether... Things are starting to look good.
Notice the down-trendline, it has been completely broken followed by a higher low... Now prices are moving above EMA50 which can lead to additional growth.
The target is on the chart.
Let me tell you something... This is early because there are no signals that are pointing to a change of trend but, when you see any Altcoin (Cryptocurrency) pair trading near support or a low while the RSI is at 50 or more than you can expect something positive (GREEN) to happen.
The rest of the market is also moving which support any "idea" of this thing...
From a technical perspective, there is not much to say that cannot be explained with the simple visual representation above.
The correlation between the two is almost perfect and we are experiencing a temporary divergence between the two that is within normal levels.
The divergence is similar to others than have been observed, but is proportionately larger as...
This really seems to be catching on.
Originally, when I posted about Verge being DogeCoin Dark, and sharing the visualization of this divergence, I thought that it was common knowledge that Dogecoin Dark changed to Verge early on.
Now, over the last couple of weeks, with all of the hype over DogeCoin + insane new ATH's for DogeCoin, people are starting to talk...