- XVGBTC Has Broke out the Falling Wedge in daily Timeframe..(Bullish Sign)
- RSI & MACD Bullish Divergence as well..(Bullish Sign)
- Volume is Increasing After Retesting the Higher Trendline of Wedge & I'm Pretty Sure it'll Pump Hard in Coming Days..
- EMA30 (RED) Acting as a Support & MA100 (Green) Acting As a Resistance.
- Grab Some With...
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!
. VERGE/Ethereum is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.
. There is a possibility of temporary retracement to suggested support zone (0.00001620 to 0.00001290). if so, traders can set orders based on Price...
In my last analysis, we talked about this important trendline for Verge (XVGBTC)... Below it, we get consolidation + retrace, above it, we get profits and growth...
See it here:
This trendline has been broken with good strength and volume... So it is time for Verge to...
Looks Bullish in DAILY Chart..!!
- Bullish RSI +MACD Divergence..
- Volume is Increasing
- Breakout Expecting
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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!
Verge (XVGBTC) is forming a descending triangle, easily visible on the above chart... Is the retrace over?
Notice the bottom part of the triangle, we can see higher lows being hit... By looking at the upper side, we can lower highs...
Volume is decreasing overall but there is an increase in bullish volume... Here is what happens next!
Verge (XVGBTC) Potential...
Out of most Cryptos, XVG has had the worst run recently. Really struggling to rain above the water and looks set to be heading back down to support. It is always a good one to trade with some good volatility pushes
Verge recently released their newest version of V5.3.1 of codebase.
That's a good news.
Verge has been in a very long downtrend,i think its now time to make a U turn.........how low can a coin go? The only way is up now.
Expect a good Short term profit.
It seems like alt-coin season is here. If 2017 repeats itself, that means alt-coins will breakout with bitcoin. We can see some fundamentals for Verge:
RSI has been steadily rising since July.
MACD is bullish, moving upward.
High volume Sept 17th-19th
Disclaimer: Cryptocurrency market is notoriously unstable and are easily influenced by external events....