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Welcome to this quick update guys.
Some of you asked me for an update on XVG so here it is.
XVG broke out and pumped 45% already since our initial entry. The chart shows at least 70% profit to be booked.
That is my personal Target.
With the halving news on the first week of july it can easily reach those levels.
Although If you intend to ladder out (take profit)...
XVG is on the verge of testing previous Low and upward trend-line of support if the price can hold this level in the coming days and break above 58 sats.
I can see a potential retest of swing High at 70 sats area. Bearish side if the daily candle closes below 50 sats that is a red flag to me.
As you Can see in the chart we share with you XVGBTC is Still in a downtrend in Major Trend there is Meanwhile support level at 44 satoshi.
The market will be turned bullish cycle after that hitting that supports level.
Note: This is only for Educational Purpose this is not Investment advice.
Please support the setup with your likes, comments and by following...
Apologies on the late/no updates! I've been traveling out of state for the last week and will be doing so for another week. Sorta inconvenient timing as far as Legendary XVG Shorts are concerned ;)
I scooped my whole bag up again at 364-366. I can sell now for a nice 4-7% gain, which I'm going to do. However, it could scooch just a bit higher (389-398), so i'll...
Whelp...It's been quite a ride this month & a half, with all of you. What a legendary go - One for the books, if I say so myself!
I'm sorry I could not update at the floor today, as I was soft-banned for posting the discord link in the above thread. I posted that when I was on a premium trial account, and it is now against the rules as I am back to a free...
Another quick update for your favorite Legendary $XVG Short.
I believe a desc scallop with a target of 448-462 is deceiving some folx today. If I was you, I'd get out on this peak, in order to re-buy at least around 450 - if not our ultimate 390 target. BUT, I'm not you, and this is NOT professional trading/investing advice!
We might see a bit of juice...
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:
325 horiz supp
...hopefully Verge doesn't die, lol.
1. Bitcoin doesn't do any crazy moves.
2. The Verge team screwed up the chart with the overhyped announcement of the partnership with Pornhub. Some people may have lost their believe in XVG.
3. The spike around the date of the announcement doesn't count.
4. The Fans of Verge are strong hodlers.
My Predictions :
We're looking at the 4h chart,...
XVGBTC this crypto instrument is trending down, with lower lows
next objective, is 50 clicks south
Match the colors of the candlesticks and oscillator for ultimate trend confirmation
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Price action from ~0.00001419 on April 17, 2018 till present date is identified in this analysis as an ongoing corrective (3 wave) move for Verge (XVGBTC) that not yet complete. The downtrend is described here as a possible zigzag Elliott wave structure. A minute wave ((c)) of the structure (last leg) that is currently ongoing should see the price of XVGBTC...
XVGBTC this crypto instrument has broke the trendline down
The Momentum Oscillator Is in transition of crossing down
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