As you can see at the end of the Falling Wedge, we have what appears to be a Cup and Handle formation. The depth of the Cup is 12 SAT. The top of the Cup is at 48 SAT. If correct this next pump will push us to 60 SAT. Look at the VPVR and the previous range fighting resistance/support. All in the same range. Not Financial Advice. Good Luck Traders!
Believe we're at the bottom of a Falling Wedge. Bullish Divergences on the MACD and RSI See 95 - 115 SAT incoming then a correction to the low 60's. My opinions, Not Financial Advice! Good luck Traders!
$xvg Verge has been forming a falling wedge since april 2019 and unsuccessfully tried to break out 4 times. The pressure on the dynamic resistance (green line) is now huge as we are approaching the bottom level around 38 sats. Verge has to break out no later than September 10th or we will explore new lows around 32 sats. If xvg breaks out the first target will be...
Verge right now is clearly still trending downwards but it looks like it MIGHT be time for it to break up to at least the upper trend line again. It's also currently re-testing the previous all time low that it just went below a couple of days ago so to be safe the most recent downtrend certainly needs to be broken! Watch this chart to see when the downtrend...
#XVG bullish divergence on daily chart. I will be entering w/ a tight loss.
Buy : 56-57 Sell : 65 Stop : 54
Verge ( XVGBTC ) is going to challenge EMA50, which is sitting at 76 satoshis for the first time since May. From the current price, that's about 15% of profits potential... But that's not all, we believe that it will go even higher and challenge EMA200 at 135 satoshis, which can generate up to 100% profits. The downtrend has been broken and XVGBTC is now...
Looks like Verge (XVG) Is primed for launch. Daily looks good and so does the lower-timeframes (4,6 and 12) IF Bitcoin behaves itself it could be a good entry. Certainly, as the Bitcoin Dominance is gradually coming down. Use a stoploss as the % in losses are high with this one on each sat move down.
XVG / BTC TA There's not much that's happening with Verge. Updating this Chart due to numerous requests. Should you buy now? XVG / BTC I think can be better buy at around 56 sats as we expect for Bitcoin to continue it's rise.
#BUY #WAIT Current Price : 99 Buyzone : Close to 95 as possible Sellzone : 110-120-149 Stoploss : Under 90 Buyback : 80
There is a strong support on 110 (orange line on the chart). This is where we are expecting to start the climb from. Will buy when it gets there, as I expect it will go through the down trend line (blue line on the chart) next. Going to sell at 150. Education and record of play.
XVG / BTC TA Short term bullish on this chart. Maintaining parabolic curve is not as important as trend line. If we manage to hit target / resistance area, we will have a highly bullish pattern on our hands which if validated might result in over 100% profit but let's keep it slow for now...
it was stopped by EMA50 on graph and retracing a bit now. Back from nowhere with good volumes. XVG is playable until 61.8% Fibo. Target is 170ish. Should wait for a real confirmation breaking EMA50 and EMA 200 to believe in a strong push up. Happy Tr4Ding !