This is a low risk trade until we take off upwards. Stop losses are necessary for risk minimization.
Enjoy this trade my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Hey everyone, as you guys know, the last XVG trade hit my sell stop at 743 and I ended up selling all of it around there. I was still keeping an eye out for XVG, and we now have another opportunity for it to break to the upside.
-XVG forming what appears to be an ascending triangle, since it appeared to touch the horizontal line twice on the...
Verge has been nosediving lately, but looking at the bigger picture on the daily graphs, XVG holders may have reason to be optimistic with the formation of what looks to be a cup and handle!
If this proves to be true, the bottom of the handle has not yet finished forming.
RSI on daily chart is at the bottom of the neutral zone, this along with the RSI divergence...
The start of this week is no doubt going to be flooded with news of positivity and stories of great movements by cryptocurrencies, after almost two full weeks of positive progression, and of course a brief market surge. This weekend was of course no exception, with all major currencies making solid progression over the weekend.
This is an updated version of my previous chart for Verge. The .786 Fib Retracement line along with the long term upward trend line suggests where this price is expected to land. I do not expect price to go above the current highs and will slowly retrace back down to these levels.
Coin of the day is Verge.
Verge is the privacy-oriented coin, one of the hottest coins in last two months. Verge team is developing the whole stack of technologies which will help users to protect their privacy in the future. Apart from integrating both i2p and Tor anonymity architectures, Verge also delivers muti-algorithmic mining support that makes it possible...
Hey, this is my view on XVG. Could this be a possible scenario? I see a possible cup and handle or head and shoulders pattern forming right now. If either pattern completes we might see a break of the resitance line at 0.09. In short term we need to go down to create the handle or right shoulder. RSI is high and there is room for a drop??
I produce this idea to...
Bullish divergence on MACD histogram + RSI .
We are in an obvious bull flag which is a continuation pattern.
Targets/exits based on fib retracement of 894-1354 impulse wave and fib trend-based extension tool.
Invalidated if BTC 0.09% dumps below 6850