When I was training my sales team, I was teaching them the strategy of KISS!
KEEP IT SUPER SIMPLE. There is no difference in trading.
Let me tell you what you need;
Trend lines, Moving Averages, RSI ,Chart patterns, BB and some cool icons! That's all.
Don't confuse your mind with over hundred indicators that you don't understand how it works.
I am not saying...
it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
it works good for stocks and cryptocurrency.
you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
when a green dot...
Please find my view.
XVG is holding 185 SATs low for last 3 weeks, formed a higher high and strong bullish candle shows interest for buyers.
Entry : Now (265), buy on dips
SL below : 185 SATs.
Targets on the Chart.
It is purely my trade, a continuous follow up is required for any trade. Kindly check your trades often and review it.
Gettin a little bolder here with my riskiest call yet - a short-term long calling targets & timing. I'll probably get slapped with the reality of the unpredictability of markets, lol. Oh well, just for fun!
I'm seeing a few bullish patterns forming since the breakout from our wedge. An asc scallop or two, an inverse asc scallop and possibly a (series of) inverse...
**Hey all! Sorry for the late update, as I'm still traveling. I'll be back to my regular posting schedule on Wednesday, July 4th.**
XVG looks to have achieved it's first successful breakout from our big beautiful falling wedge that began with the PH spike & dump turning point back in April!
This could be it! We still have a ways to go, and we...
Previously, we predicted the rollback of the price of XVG, we opened a short position and held on to our chairs, against the backdrop of news about XVG's cooperation with a large site, the price began to grow continuously, magically reached the line of the broken trend and rolled back just as quickly as it came. The reason for the rollback is the partner XVG is...
Lets look at XVG 4H chart. There was some FUD and we all was looking at nice selloff.
But suddenly price stoped to drop at 0.618 fib retracement level, which is technical good to do it, and
created a double bottom here. We dropped below 200EMA and if there will be a bounce up,
which I personally belive in, it will our be first resistance.
As I have stated before, when it comes to my choice in trades I avoid an asset's fundamentals in every decision I make. I am without a doubt, a 100% technical trader. And Verge is hitting pivots and statistical probabilities almost to the tick!
With that said, I am certainly not a buyer here, although long term the risk to reward most certainly favors buying....
The candles are really attracted to the ichi clouds and is not falling too much behind it (which means price is in consolidation or not much volatility)
HOWEVER, On the 5 min chart, Fib Extension is telling me that we're going to see a new ATH soon.
Also keep in mind that the partnership announcement is still taking place on the 17th of April, so we still have...
XVG is forming a Cup and Handle as a handle for the larger cup which you can trace back from Feb 17.
A cup and handle within a cup and handle is a great sign of a full tank rocket. These 2 cup and handles are filled with coffee to the brim! And this coffee is mixed with rocket fuel.
MACD is looking good, MA are good, everything looks good.
Short term Target is...
A price of 1552 satoshi ($0.1522) can be achieved by Verge in the next couple of months, as long as more money keeps pouring into the crypto market.
Verge has formed a falling wedge on the daily and has broken out of it. The volume is looking low at the moment so there is a risk that the breakout can be a failure. However, since MACD on the daily has crossed...