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.
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.)
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
- 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...
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.
Verge is setting up for what could be a very big move. Whether it will be sustainable remains to be seen, but I've picked up a nice bag of XVG that when it bounces will be swapped at a higher value for other cryptos. This is an exchange rate play. Swap the winner for the loser and increase you position on their dime!
Here's my XVG trade set up through January 1st 2024. Verge is one of the nine current cryptos that are ISO 20022 compliant and at the moment is the lowest priced of the nine. I think we are going to see a big move in cryptos moving into the new year, and most people think it will be bearish which automatically makes me think that the exact opposite will actually...
XVG/Verge is setting up for a colossal move. The Cup & Handle formation on the left made a substantial move from .001725 to .0766 over the course of about 13 months. If you look at the chart on the right you can see that a fractal repeating pattern has taken shape, and now looks like the optimal time to go long.
The market-makers (market-manipulators) are up to their old tricks attempting to pick up extra coins for the inevitable bounce that's about to happen. Don't let them shake you out.
Don't do what they say, do what they do. Add additional shares if you dare!
You can easily see the fractal pattern repeating itself for the second time. The price has spent next to no time below the bottom white trend line. Any price from here and below is likely going to be a great buy in the coming months.
Note that this currency fluctuates a lot and trading on it is high risk, so manage your capital and set a stop.
It has approached fairly good supports, from the upper two green lines it can give swings to the red range
XVG has been a pond fisherman's dream - returning more than 300% in only a month
its risk vs reward potential is currently extreme, which means that selling well take over soon and return the chart to normalized activity
My next recommendation for a pond fishing crypto is Zcash ZEC-USD which has similar fundamentals to Verge (Proof of Work, Privacy,...