Verge has formed a symmetrical triangle, this is a bullish scenario as in this case the first impulse wave is up. Also a bullish divergence on the RSI, it is iffy because it crosses over price line on chart but regardless is a divergence. I will link my targets for a moonshot for verge for anyone interested. enjoy
XVGETH is currently trading above its resistance turned support line, ill include a link to my verge moonshot post for ideas of where the price could moon to, enjoy the volatility!
XVG ANALYSIS: XVG is at an interesting point, and positions traders up for two opportunities. XVG is pushing off of the support, but held back by a strong downward trend. I expect the current run on XVG to go up to 47 sats near the 200MA, which holds a small resistance order block. A possible wick up to 49-51 sats is possible. This is the major order block zone....
Bullish divergence and hangman however wick legs are not extended below current price level which leaves room for uncertainty, bullish divergence is a reliable way to identify reversals, currently observing classic / hidden divergence success rates based on my previous analyses.
XVG / BTC Cup may be forming (concave bottom). Depth 300%. Perhaps the price is now at the beginning of the 3rd phase of the formation of this formation. If we assume that this formation will continue to form, then we see that at the end of phase 2 there is a large volume. Potential up to figure resistance + 180%. Pivot points and movement options I showed on...
With the recent drop of the altcoin market, while maintaining the Gaussian channel trend, an alt rally can be expected in the coming months. This may include verge a stablecoin (not my personal favorite) to push to ~100 sats or higher, 0 regression trend I am just using it as a basis for support resistance lines. Verge has some very nice partnerships.
XVG/BTC Verge is set on another leg up as new Higher Low is established. After breaking the down-line resistance, buyers started to step in. Price is expected to move up in the coming days.
RSI oversold 1 day chart EMA (25) cross EMA (99) UPDTREND is coming. stop sell - low support - 48 saatoshi buy - 52- 54 satoshi hight support - 58 satoshi sell - 68 satoshi
Huge retracement, large profits may be made from this stablecoin. Longs always win.
We will try to purchase XVG in the Buy Zone, between 54sats and 50sats. If we break this value and keep it, the price level will continue up. Stop Loss is placed at 47sats. Take profit zones are marked in the graph with a decent potential of + -30% . Again, these are resistance, which can slow down the price level in the short term.
Appears to be a Cup and Handle formation. We're in the Handle now and I believe will stop at the 45 SAT range as an example shown here on "C". The depth of the Cup(Is which you use to determine the next price.) is 31 SAT. Add 31 SAT to 64 SAT(Top of the Cup) = 95 SAT Target. Blue boxed as the possible range of the 95-115 SAT Target. Not Financial Advice!...
Verge price action above red resistance line breakout. Hodl above EMA 21,50 on daily TF. Testing EMA 100 which acting like resistance. Potential target 70 sats Resistance level. Volume: of buyers increased. Indicators: MACD bullish crossover above zero line. RSI above 50 points. Bullish sign. Pattern: double bottom pattern at 36 sats. S/R: Major Support 36 sats,...
Verge has been DOWN & OUT but showing signs of breakout on the 3D EMA10 and MA 50 cross imminent Bullish Divergence of Schotastic & RSI MONSTER upside potential
Coming out of the Falling Wedge we have Double Bottomed testing previous resistance as support. MACD, RSI and Stoch Showing Bullish Divergences. Near future incoming price at 62-78 SAT range as shown in blue box. This is not Financial Advice. Good Luck Traders!
A verge pode já ter atingido o fundo de um canal de baixa que vem a alguns meses, pode ser uma boa zona de compra, lembrando que também estamos perto do cruzamento da golden cross no diário, estamos preso na death cross desde 2018 . Entradas: 36 - 39 Stop: 35 Alvos médio prazo: 1: 91 2: 146 3: 215