What is a 'Death Cross' A death cross is a crossover resulting from a security's long-term moving average breaking above its short-term moving average or support level. It is so named due to the shape created when charting the activity and its association with a downward market trend. As long-term indicators carry more weight, this trend indicates a bear market...
Verge: Up To +30% Profit Impulse Together with Bitcoin Cash, Verge has the most potential for the next impulse. +30% profits in a few days is not that little this year. The upmove could also be more or less like Bitcoin. Move your stops and always take profits. There is a chance we'll drop a little more before we go up. If not then good luck. Targets are on...
XVG is looking rough. After being hit with attack after attack investors may be losing faith in the product. We have a bearish TK Cross, a 50/100 Death Cross, a 20/200 Death Cross. It may be finding support where it currently sits at about 485. CMF sell pressure is slowly starting to decrease which may indicate early signs of a reversal. If it breaks, I...
Taking a closer look in 4 hour TF, I notice an IH&S. The volume confirmation is there and the RSI shows bullish divergence. In addition, the MACD is curling. With the Verge Amsterdam meet up on June 9th, I'm expecting positive news from this community. Given these clues, I am bullish on verge. Please bear in mind, this is only my opinion hence make of it what...
Hello Everyone! I'm sure some of you are looking at the XVG chart and thinking "What the heck is going on?". The truth is, no one knows for sure! Now, of the many possibilities, I'm showing the one that I believe is the most probable. So, lets take a look. XVG seems to be forming a descending right triangle (Big Picture), with its hypotenuse being the dashed...
I'm looking for some volume confirmation though
There are two reasons why I am bullish here: a) Bitcoin seems to be bullish! This is the most important one! If Bitcoin decides to just drop hard, then this might be it and XVG might even drop harder. b) Verge has news this month. We are at a really low position right now. Verge showed how fast it can move. Still one or two days of sideways movement? Easily...
I am bullish on Verge and love the coin, even though their team is not nearly the best. I would recommend to get into this coin if you have some money to play with for at least 3 month. Returns can be great, but also be mindful of the risk. I recommend putting SL at that green line because if we fall below that, we would need to identify newer support levels which...
Hi all, Previously, I posted a bullish analysis on XVG where a regular bullish divergence could be seen on the 4hr and 1hr chart. Along with the descending wedge, I assumed a reversal would be possible, and reaching newer highs. I went long on the breakout, but soon realized that oscillators did not validate the price action. Although a bullish divergence was...
XVG forms a big triangle pattern. Moves to the support line of the triangle.
Hello! XVG is juuust about finished with it's 2 month long correction that came in the form of a beautiful falling wedge. However, we are not out of the woods just quite yet. I think we will be rejected in the purple circle. However, disregard this if we break above 560 - at least for your short-term consideration. For the more aggressive traders, 560-580 is...
We dipped below 6mo support thanks to bots/people thinking old bitfinex listing news was new...news, lol. Our tiny hit-box was breached dead-on almost a month out, yesterday. Prices to keep an eye on: 506 475 400ish 325 horiz supp ...hopefully Verge doesn't die, lol. I believe.
Nice bullish divergence on the 1D chart. maybe one more dip before a nice pop.
Daily chart..... Is this the higher low we are looking for? I will be watching closely. important levels right here. Doesnt hurt to buy on the break out .... instead of guessing. Lets see what happens.
would like to remind you im not a financial advisor and that I do not commit to the purchase or the sale and that these analyzes are for informative and / or educational purposes, you are master of your capital and discharge me consequently of what you make of it....
Middle average 300 would be the critical point at 500 satoshi. Then the rally or crush will start