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XVGUSDT trade ideas

Verge (XVG) - Hidden bullish divergenceOn the above 12hr chart price action has corrected 70% since early April. A number of reasons now exist to be long. They include: 1) Price action and RSI resistance breakouts. 2) Trend reversal. The first higher lows prints since March 20th. You saw what happened when the first higher low print was correctly identified 48hrs ago on Bitcoin price action at 61k 3) Hidden bullish divergence, do you see it? Price action prints a higher low with a lower low in Stochastic RSI. 4) The target area is almost 200% as measured from the pennant formation. 5) Price action on the 4 day chart prints a Dragonfly DOJI candlestick with confirmation candle as support on past resistance confirms. Is it possible price action corrects further? Sure, sellers love selling after a 70% correction. Is it probable? No. Ww Type: trade Risk: <=3% Timeframe for long: now Return: At least 150% 4 day chart Dragonfly DOJI
Long
by without_worries
7
XVG short to mid term predicition!Hello traders! Currently Btc hovering around 61k range. Soon it may attempt 70k range when people least expected! Or find a strength below 60k level then rise above 70k. Nobody knows for sure how it is going to play out but we should see above 70k range one way or another. In the mean time we have another risky bet but surely most interesting at the moment. Market cap is below 100 million level and daily volume is above 100million. Right conditions for rally is out there but not very clear cut. If this coin able to break key levels we may see sudden %170 move. Of course we do need a bit more volume but it can happen in no time!
Long
by SpaceCatZ
3
Xvgusdt buy opportunity you don't want to miss!!!!Xvgusdt is currently trading within a potential ascending setup following a 5-leg drop, signaling a potential upward breakout. We have identified a clear setup for potential accumulation and recommend establishing a stop loss level to manage risk in the event of a reversal. Your engagement is valuable, so if you find this setup helpful, please consider liking the post and sharing your comments. Thank you for your support.
Long
by weslad
11
#XVGUSDT, forming a descending triangle patternHey traders, Welcome to our crypto community! 🚀Whether you're a seasoned trader or just starting your journey in the world of cryptocurrencies, we're thrilled to have you here. We are willing to share about GAL coin. #XVGUSDT Update: 💹. The 12 hr chart of #XVG shows a descending triangle pattern 📊, with a major support area. It is struggling to take a bullish turn from this support zone. Breakout confirmation is already done ✅ and waiting for a retest. Expecting nearly 90% increase from this point for a mid long term.👉✅.
Long
by CryptoAnalystHub
Verge (XVG), over 100% upside potentialBINANCE:XVGUSDT , 4h On the daily timeframe, price is trading around a previous swing low area which is also above the 200SMA suggesting the long term trend is bullish. On the 4h, two chart patterns are emerging; 1) Descending Triangle & 2) Cup and Handle. It is prudent for traders to wait for break out or break down of the pattern to initiate a trade. For a long entry, trade could be initiated after the breakout of either chart patterns but stop loss could be tricky on this one. 1) For the descending triangle, SL goes below the swing low, that is the horizontal base of the pattern. 2) For the Cup and Handle, a tight SL could be set just below the low of the cup’s handle (green circle) Take Profit (TP) targets could be the previous support area turned support (red rectangle) with subsequent targets at the various market structure levels indicated with the red circles. As always, ‘’anything can happen’’ so let’s be patient as the market unfolds. #DYOR
Long
by daymouse
LONG #XVGUSDT from $0.01495 15m TF. The tool is in the game, is in the growth leaders and is trading at increased volumes, the traded volume per day is more than 1 billion, after upward pricing, it entered consolidation, as a result of which it formed a cascade of resistance levels on round numbers, large prints for purchase and densities in the glass at levels, with compression and increased activity in the glass, I expect an impulse a breakdown with the withdrawal of liquidity, ideally you want to see a local trade before the next level. The first take is 0.015400
Long
by CScalp_EN
#XVGUSDT (Watchlist) 2-2024 XVGUSDT has maintained a trading range between $0.0045 and $0.003 over the last 180 days. A breakout above $0.0045 could potentially target $0.008. However, a worrisome indication would be a daily close below $0.0029, signaling panic selling and potentially undermining the bullish view. Consider for Watchlist: When we recommend adding a coin to your watchlist, it's typically due to forming a pattern, nearing a historical bottom, or approaching a strong support level. It may also show increased trading volume, reversal candles, or be in an accumulation stage. While we haven't observed a bullish reaction yet, we advise monitoring it until an optimal entry point emerges. PS: We avoid trading coins associated with gambling, prostitution, human trafficking, etc. Note: This is not financial advice but an analysis of coin movements. Conduct your own research and practice risk management before making any investment decisions. Remember, the cryptocurrency market carries significant volatility and risks. Best wishes to all, we ask Allah reconcile and repay. 🙏
Long
by HamadaMark
2