Verge pennant. Ready for Breakout
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
After this symmetrical triangle, and its correction. It had reach the first target earlier today. Now it can have another correction and then going to the second!
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!
Trying out a new idea. Interestingly XVGUSD was very similar to XVG BTC so trying out the BTC pair instead. For this trade, might be a good idea to wait for it to close above the pivot resistance to buy. It could bounce off of the resistance and come back down to support. I bought in at 110 Satoshis with stoploss right below the key support at 105. Very tight...
There is a volatility within the current market strength/movement of XVG supported by the current BTC up-trending price. Keep your eyes on BTC price. Trade safely, good luck. For more info, Verge (XVG) website: vergecurrency.com Disclaimer: The market predictions and ideas I post are of my point of view and depends on what I see (according to the market...
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...
XVG Had a nice breakout from its daily down trend, it should do a nice retrace and test its local bull trend before going for new highs. Would be looking to buy at the bull trend line or during consolidation on a support.
Define your risk and let the signals keep you on the right side of the trade.