At this moment 1hr volume is still around 29500 btc.. which is huge. Volume or RSI on itself doesn't mean much as Verge made its way up to 2000 sat. with 3 steps of lower volume... So if we just got more buyers than sellers... this thing could shoot back up... I am only afraid it was a short time hype, due to the vague partnership announcement and social media...
Testing the magnet line of support / resistance
This is a medium risk trade because we see general trend channel and know that after news release after April 16 the potential for short term price retraction is great. Attached below is my initial chart if you want to use that for reference. Enjoy this trade guys! Invest only what you can afford to lose or you're going right back to poverty on drop. We are not...
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...
My buddy @CaptainCoinigy pointed this out to me. Ascedning Wedge is forming, which is a bearish pattern. Heads up.
You see the highs here. A lot of buying going on here due to the positivity in XVG. A lot of investors seeing the real potential here. I forsee continued growth after easily breaking through, as see in the lowers noted here. Strong buy here.
XVG bounced off the 900 support like I shared in my last post. Here are my targets for the next 3-5 days. Disclaimer: Target 3 is a stretch. I will watch to see if it can reach that this week.
strengthening MA divergence testing resistance
XVG is starting to look really bullish on my charts. Note: I am still a noob, feel free to let me know if I am doing it wrong. Thanks
It's generally not a good idea to take a position after such huge gains in the past week but I do still think Verge has room to grow. Hopefully your have already taken a position but if not I think it's a good buy with a spot-loss in the neighborhood of 700ish satoshis. I'm still holding my baggie of XVG but will positively be saying goodbye with a hard...
IMO, If it breaks support one, we will go to support 2. Repeat with we break support 2. My targets are still the same for the next week.
Just bought it. Let's see how it goes. Note: still a noob. This looks good though imo
Verge has a "big partnership announcement" coming up and I've outlined what I think XVG will do leading up to the release.
If we get a bounce at 0.048 on the old highs of past minor swings, I'm considering a trade open at 0.048$ with a profit taking at 0.90$ I am relying on past trade swing prices and trend lines to make this theory. Time will tell, but as my past posts point out Verge is worth watching. In any case I believe Verge XVG is one to also hold long term as well as a...
Please see XVG charts linked from earlier this week.
Bought back in right before the spike. I will let you know when I sell. Not going to get greedy