Verge (XVGBTC) is moving again and this time it has finally broken above MA200. This resistance has been holding Verge back since early January 2019.
Trading volume is also at its highest since April 2018.
The RSI is also showing some strong bullish momentum.
The next resistance to break is EMA200.
If XVGBTC and move past it, you can expect some major...
I haven't done this in a while so decided to fool around a bit given recent bullish indicators all across crypto.
Has anyone else put together a chart like this? Seems we have just 3 or so resistance lines before the next ATH . $1+ doesn't seem all to unreasonable.
Any comments? I'm open to suggestions/pointers.
I would also like to ask those Elliot Wavers here...
Verge’ did some massive numbers back in April and we waited and waited for it to move up again, with no luck. Now, the charts are looking positive for a STRONG MOVE UP.
Hit LIKE and follow me to trade this coin. Massive profits are coming... I HOPE YOU ENJOY.
Verge’ Trade by Alan Masters
Buy in: 0.00000165 - 0.00000190
As I take a look at XVG's chart I notice a trend line dragging the price lower every time. After the higher low made by the last run down y noticed this head & shoulders pattern. Now, XVG is currently retesting the neckline of this pattern and we should see a bounce in the coming days.
Welcome to this updated analysis on SNMBTC Let's get right to it!
This information is to be used for educational purposes only.
would be equivalent to a rise of 150% Therefore, if 0.00000706 can hold support line
A breakout above the trend line would cause XVGBTC to rally...
What a beautiful month for XVG guys! we broke out of the triangle with nice volume and the price is above 50MA & 100MA. I decided to not focus on the wicks to get a much better view on what's going to happen. We are forming an ascending triangle (indicated in white) as you can see, which is bullish. to complete this ascending triangle XVG needs to stay above 170...
Keep on eye on Verge and consider adding it to your portfolio. XVG is one of the few alts that has yet to jump and recover since last year's bear market and it has the ability to fly. I also noticed a two hump pattern (in light blue) that preceded the December explosion. We have a slightly similar set up to that now. Is that a foreshadowing of things to come?...
Looking at Verge's daily chart, it appears to be completing a very large pennant. Verge is one of the few alts that has not broken bullish since April. I think the combination of low volatility, near completion of this pennant, and seeing the daily MACD cross the zero line are buy signals for me. I'm buying here and hodling.