VERGE (XVG) is one of only nine ISO 20022 compliant cryptocurrencies and is by far the least well-known of the bunch. VERGE is also currently trading within a nice wedge pattern and seems to be forming what could become an inverted head and shoulders pattern on the 4-hour chart.
This could be a very good sign for VERGE currency!
Good luck, and always use a stop loss!
The large structure of XVG has been bearish and has been involved in a correction so far. Now we have an iCH and some iBOS on the chart.
We have a support range in which we expect price rejection upwards.
We are looking for buy/long positions in the green range.
Closing a daily candle below the invaliation level will violate the analysis.
For risk management,...
Good Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
Good Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
#XVG
The price has been moving in a large descending triangle since September 2022
We are now on the verge of breaking the downtrend.
Hence, moving average 100
Which pushes the price to rise, supported by oversold conditions and upward momentum
The price now is 0.1465.
The first target is 0.3669.
The second goal is 0.6312.
- On monthly time frame the RSI is above its SMA. A slightly bullish scenario.
- This could lead us to the upper trendline, so something like ~0.02
- If we see some more momentum building up, for example a bullish diVERGEnce on the RSI, it could continue breaking the upper trendline with a body (not just a wick) (and holding it as support with the following...
Good Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
XVG seems to have entered a correction from where we wrote "start" on the chart. Now the G wave, which is the last diametric wave, has ended and seems to have entered the bullish wave.
By maintaining the green range, it can move towards the targets.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't...
I've been following xvg for a long time, March 2020 is close to the support zone. I'm not in a rush to buy. Because even if everything is right, TIME can be a big problem. All shares of xvg are in circulation
Hi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 4100 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
Hi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 2400 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
Note: This symbol is risky, it has a small volume and its fluctuations are high, be careful.
This symbol has a bullish price action structure, it can move towards TPs by maintaining the green zone
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Hello guys,
is there anything which would make this count invalid?
- I mean, we all know that most alts will die one day tragically, i assume it to be a silent slow death to have as much as possible people suffer from it... ?! Is this a possible scenario?
Thanks for your feedback, have a nice day!
The last time XVG charts looked like this it ran 25X over the next 6 months. Let's also not forget that it's one of only 9 ISO 20022 compliant crypto-currencies out of the entire crypto-sphere!
Don't miss it!
Life in itself is one fractal attached to a much larger fractal. Verge may be setting up for a possible repeat here. I spotted this pattern a month or so ago, but it appears that if this pattern does repeat the time of its ascension is getting close.
