After brokeout of ressistance, looking for rise of XVG with potential correction to Demand zone use as target Supply zone on the top of chart
RSI should be oversold in < 12 hrs Buy after it bounces on support channel Try to sell near 200: depending on sell walls may need to TP earlier *If BTC goes for ATH or big dip, trade may be stalled
having a look into XVG sitting at the top nicely moving into tight sideways action. supports running of small break down on head and shoulders and moving up to current position and resistance similarly from the head to the current position if we take our elliots wave triangle cycle from begining of head we are seeing a positive move from here but some may...
VERGE Interesting zone, to which we are going down after butterfly pattern.
VERGE is on bullish mode. Trend continuation. Fibonacci targets as described. Always use an appropriate stop loss. GL!
After the 2 uptrend full cycles of Elliott Waves ended, a liltle correction occured, but it seems to build another uptrend support line around 0.38 fibo. indicated by the RSI near 30. Good rally opportunity when RSI reachs 70+ again.
- Here we can see an ongoing accumulation in progress after the end of Elliot Wave Correction Wave (C). - Price has reached the bottom and retracing up is the next move for the market (depends on the points mentioned on the chart). For more info, Verge (XVG) website: vergecurrency.com Disclaimer: The market predictions and ideas I post are of my point of...
Verge has formed a short term wedge, I sold on the last pump a little late at 132 odd sats, luckily for me it worked out and I bought back in at 112 - 113 sats. I will be using this wedge to make a clear short term decision, on whether to hold my position on the breakout or sell and re-enter on the bear break closer to the next support at about 95 - 97sats. I will...
In case you didn't know all the attempts to regulate and tax crypto has lead to a massively increased interest in privacy coins that can't be traced. Among these are Dash Monero Zcash and PIVX. Not so well known but with a strong dev team and high volume on Bittrex (currently in 11th place) is Verge. currently at 120 sats up from 80 sats a few days ago. It seems...
Check the last pattern, probably gonna retest support around 70satoshi and them goes up as volume and RSI gets higher
XVGBTC has done well of the last day or so looking into the history of the chart we see when it moves it moves seriously. I looked at this one this morning and saw it had gone up significant percentage and as arule i wouldnt have invested so late however on close inspection of the chart i noticed it had pushed into a squeeze and was ready for a second wave. I...
full cycle elliott wave + bearish divergence period created uptrend support line indicating bullish days ahead. Can easily break the resistance if volume gets higher. Hope RSI goes to 80. resistance: 64 support: 56 entry zone: now
So I'm a holder of VERGE for a long time now. The chart has never been one that gave me a lot of hope, but I do see potential in the concept, development, and the near rabid community that supports it. Check any poll or list that allows voting on crypto and you will see the Verge community come out in full support. I've done a fib retracement here on the entire...
Here we can observe a Falling Wedge pattern in progress with XVG. Maybe we will witness a new All Time High within the next uptrend.
Since the elliott wave didnt performed uptrend, as showed us in the wave 5, the corrective wave ABC went downtrend, but didnt break the support, so its a good signal that can goes reversal and finally uptrend in next days.