SGX:XVG Coin Update !! & Possible Trade setup🤝
• On 1D RSI & MACD look strong bearish But On 4h tf MACD Show Double bottom & RSI Look Over Sold.
• Already we see healthy correction in its price in last 3 weeks ( drop almost 40%-45% )
• Fundametally its week so i will not recomand swing trade on it just quick long scalp possible from its support area.
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on weekly time frame i have mentioned important levels to look at closely and i think wave 2 is completed. for wave 3 we need some confirmations RSI should be above 50 level and Stoch RSI blue line should be above on orange line.
tp1 0.00422812,
tp2 0.00475031
tp3 0.00550061
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BTC ADDRESS ...
Good day!
XVGvsBTC in Weekly time frame shows all the sign of bullish reversal!
XVG dropped almost 76% since May, as a trader this give us signal to buy and hodl.
XVG will give us good profit for now! lesser risk for aiming good profit!
Enjoy!
$XVG is here to stay. The price action has been looking good after a fast steep correction. This is characteristic of the 2nd or 4th wave in Elliot Wave theory.
It is time for $XVG to regain the Volume Weighted Average Price ( VWAP ). As seen in the graph, it was resistance but recently tested. There is a ton of support right now and confluence of the simple...
An observation for Verge on the BTC pair
Rise then decline following, leading to large m00nsh0t
Can be seen in two variations previously, and is very comparable to the current state of price action
So xvg had a pretty deep dip. Right now, is the first time after the last high, that we are breaking a resistance line in the usd chart.
This week should be green over all in the crypto space.
I expect a rising in xvg bc we also have the halving in Q3 later this year.
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Hello everyone and welcome to an update of my previous analysis.
As I pointed previously that we have strong resistance at 127.2 fibonnaci level and we had a pullback from that level. There was attempt of breaking higher but it was unsuccessful as candle closed just at that level and from over there we went down to 100 fib to retest it as support, if that will be...
Possible Inverse Head & Shoulders.
If true, after breaking 97 SAT should send us to 128 SAT level.
If we break the 128 SAT resistance zone, expect 190's soon after.
Always pay attention to what Bitcoin is doing.
Not financial Advice.
Good luck Traders/HODLers
Bane
Hello everyone and welcome to my analysis on 1H interval for day traders.
So firstly I would like to point that verge made a higher high and positively retested previous resistance as support but as there was a pullback from tops around 98 sat we may retest potential support at 86 sat before further upside.
First resistance is seen at 98 sat followed by 107 sat...
Hello everyone and welcome to my daily chart analysis of vergecurrency XVGBTC.
First of all I would like to point that on daily chart to confirm a bullish formation we need to close above 95 sat. First resistance on daily is seen at this level followed by 61.8 fibonnaci level at 107 sat where also we have 141.8 fibonnaci level from previous measuring. Once this...
Hi everyone and welcome to my 4H chart analysis of vergecurrency XVGBTC.
First of all its worth mentioning that verge made higher high on 1h and 4h chart which indicates further upside momentum in near term.
So with that in mind I would like to spot that there are 4 potential resistances on 4H chart, first one is 78.6 fibonnaci level, next one which in my...
Support holds and Btc price look gonna bounce back. I'm long for couple candles.
I'm just a trader like u guys, and I just wanted to share what I saw here. Don't take it as a financial advise.
