We covered this one not too long ago on the monthly chart.
It is still red but we will see how this months candle will close with the Crossover strategy as it's been bleeding red for over 2.5 years!
It's definitely been a major correction and due for a major bull cycle.
We now have the weekly pulled up trying to find early confirmation of a major trend...
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...
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...
Remember: You heard it here first. When every single other person on TV was shouting ATH! RIGHT! NOW!
Suffice to say, if this is truly the course, what a big chance for us to maximize our bags here before blastoff 2.0.
As you can see, mid-Dec was a nearly identical formation that shot up after a desc scallop getting rejected at .382 leading to a 2nd baseline...
after the recent announcement XVG has been trying to hold the 900-1000 mark however it appears to be losing this battle. we have what appears to be a descending triangle patter on the 15 chart. If we follow this pattern we should see a break in the bottom trend line (shown in blue). Using the red line as our marker that should place that break down at around...
Recently we reviewed the XVG. The tool that shot at 170%. Lying prospects?
Who did not manage to enter this trend movement now will have such an opportunity
XVG rested in the zone of imbalance, while showing divergences on several mathematical oscillators. Teak volumes are falling, which indicates the weakening of the strength of bulls.
It would seem that the...
XVG began to move before the main market favorite, showing growth of more than 170%!
Close half of the position, and for the rest, place a stop order!
With a probability of more than 80% the tool will be adjusted and that's why!
The instrument logically came to POC RESISTANCE, resting in the zone of imbalance
CMO shows a bearish divergence, which indicates a...
I cannot assure Bitcoin will not have an uptrend pullback as I'm convinced it will rise from most recent solid support, because Verge and Bitcoin seem to have some correlation.
I have 127% Fibonacci as probable resistance for XVG/USD.
I ONLY theorize it will drop to ~5¢ at most; I am testing with this post.
Otherwise ranging within 6-7 ¢ for a pattern yet unknown.
We are nearing the next cyclic "Crisis" of XVG.
I expect another lose
Due to sell pressure on Bitcoin and Fork release of new Verge walled forcing everybody to update their walltes as of old ones will not more work.