Technical analysis:
. VERGE/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00002350 to 0.00001920). if so, traders can set orders based on Price...
Technical analysis:
. VERGE/Ethereum is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 80.
The RSI downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary...
Technical analysis:
. VERGE/Ethereum is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001620 to 0.00001290). if so, traders can set orders based on Price...
Looks like Verge (XVG) Is primed for launch. Daily looks good and so does the lower-timeframes (4,6 and 12)
IF Bitcoin behaves itself it could be a good entry. Certainly, as the Bitcoin Dominance is gradually coming down.
Use a stoploss as the % in losses are high with this one on each sat move down.
Verge looks like it is about to make another short run to 0.00000250 area which would be a good short-mid term gains for us. We are getting green action in EWO(bullish divergence), 4h STOCH, STOCH RSI and RSI are showing us some bullish movement is expected in the market. This crypto run looks a bit strange to me because in the previous runs all altcoins were...
Technical analysis:
. VERGE/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility...
seen this lovely entry in xvg and thought id share it with everyone, symmetry is working bang on in this potential next move im hoping for, as soon as i clear a 5 percent gain ill set a 2.5 percent stop loss and hopefully follow it up to around the 25 percent mark.
you can draw all ypu want over these charts but pulling the trigger at the very start of an idea is...
Technical analysis:
. VERGE/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 49.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. Price is in the support zone...
Technical analysis:
. Verge/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of...
Technical analysis:
. VERGE/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 59.
Trading suggestion:
. We opened 8 BUY trade(s) @ 0.00005311 (day close price) based on a reversal candle ( Valley ) at 07.30.2018
. Price is in the support zone (0.0000560...
Technical analysis:
. VERGE/ETHEREUM is in a downtrend and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 29.
. While the RSI resistance #1 is not broken, the probability of price increase would be too low.
Trading suggestion:
. The price is in a downtrend, but we forecast the...
Technical analysis:
. VERGE/BITCOIN is in a downtrend and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 30.
Trading suggestion:
. The price is in a downtrend, but we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone...
On track for my previous analysis of the Prime Wave reset. Thanks to a 17% kick in the nuts from btc mind you!
XVG needs a good reset down to 312 or 50 Fib level to springboard it back up to 1500+ in time for the news on the 17th.
XVG showing a series of lower highs and a series of horizontal lows, which created a descending triangle chart pattern. Traders would look for a definitive breakdown from the lower trend line support on high volume before taking a short position in the stock. If a breakdown did occur, the price target would be set to the difference between the upper and lower...
As per previous T/A - I had mooted the idea that a major reset was due at or on 3050, the end of a 5th wave on a Prime cycle.
XVG moved up and I then planned for a new Elliot Wave up to 1500+
Turns out my initial projection was probably right, it looks like we are on for a big reset now.
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