As predicted, XVG bounced around the .786 fib line that I provided TA for earlier this week. I believe we are about to begin wave 3 of a huge elliot wave formation. We can expect movement like what I have illustrated but the time periods may be different. Extremely bullish news today; 1) RingCT news will be announced in the next few weeks 2) New XVG wallets with...
Possible bounce coming up for XVG at .786 Fib line. Expect it to go lower and maybe bounce off of it. If it breaks below this line we are probably going all the way back down to our initial starting point last month. Possible Elliot wave formation going here but please be careful. Short till .786 is hit, long after.
Orange lines represent strong areas of fib. confluence and support. Broke a descending wedge earlier today, now playing in a larger downward channel. Short for now, until we start showing some strength. Best of luck. :) Throw me a like if you agree/if I turn out to be right! Have a great weekend.
Soo since my last post, I said we have to wait for a breakout in the resistance line(white) 0.00017915 and it happened. We got it and the candles hit 22% of profit, which is a great thing. With the fact that the market works in waves and we are now passing through a downtrend as you can see the 20 EMA(blue) still down followed by 50 EMA(red) and the candles had...
XVG is the canary in the coal mine. 1st one to really break. Alot have followed.
Verge has been on a rampage the last couple of days, exploding in price with strong momentum. The strongest catalyst being the knowledge of a pending announcement of a very big partnership (announcement planned for April 17th). It is supposed to be an exclusive partnership with a lot of impact. Hence, we have ourselves an anticipatory price movement. First of...
Looking over the last few days it seems that XVG has found some nice movement in overall volume supporting its most recent break out and up-trend. Currently Technical Analysis Summary is in large support of a buy. Indications for moving averages are showing support for the up-trend and even with the bad health of BTC this thing continues to make a move to the...
Hi my fellow friends, here I'm with the power of Technical Analysis. Always remember, I'm like everyone here who is trying to improve my views on Charts and patterns, never take this as a financial advise because you are by your own. So as we can see in the charts of BINANCE:XVGETH the 20 EMA (blue) still uptrend and show a great volume between March 23 and 04...
By examining different dimensions and angles The ratio of recent events in the financial and global markets Recent developments in the Crypto market For Example : Google Banning Ads-The battlefields of governments and the country for the Crypto Market And bad news from the beginning of the year of the year 2018 for this market, Crypto Market And all the...
With BTC and ETH strong today, I don't see it dropping back to 2/2 resistance line, but could definitely drop in the next 48 hours. Short term and long term - be careful. Could go either way.
RSI is turning upwards. Support lines outlined in orange. projected up and down trends marked with arrows. I am not sure the upturn will be large until we see a change in the BTC. however I do expect to see this return to the 7000 range in the abou 36 hours.
We have two support for the price 70. RSI <28. Buy between 69 and 71. Stop loss : 68
Price bounce off of Daily 88.6 fib @ 0.000057 so this has marked a good bottom. We are looking for a retrace on the 4H chart with possible entries at the following Possible entry areas- 1- 0.50 fib- @ 0.00007995 2- 0.618 fib @ 0.00007562 3- 0.786 fib @ 0.00006945 4- 0.886 fib @ 0.00006578 Take Profit areas TP1-0.00009830 TP2-0.00010300 TP3-0.00012120
Disclosure: this is a repost of my Feb 12 Tradingview idea . Unfortunately, it was taken down by admin because it contained some external links. Until today, I always included links to i) my website, ii) interesting other sources. Unfortunately, my ideas that contained links have now been hidden (it's against policy). Given that I found the post crucial to trade...
Back to parabolic grow and 10 Cent if resistance at 5 cent will HODL for in next two weeks
We are currently in the 3rd subwave of the 5th subwave in Wave 3 correctional wave. Plotted out is where prices may go in guidelines using Elliot Theory and adjusted to nearest support levels. In order for the uptrend to $1.28 to continue , we must hit lower than .00007747 eth.
XVG is about to break a triangle pattern on the upper end, which is bullish ( note that you have to pay some attention with these types of triangles , follow up the price to confirm the trade). - MACD (bullish cross) and CCI agree - We can clearly see the same pattern repeating in the chart, providing us at least a short term opportunity - Note that the Bollinger...