- Here we can see an ongoing accumulation in progress after the end of Elliot Wave Correction Wave (C). - Price has reached the bottom and retracing up is the next move for the market (depends on the points mentioned on the chart). For more info, Verge (XVG) website: vergecurrency.com Disclaimer: The market predictions and ideas I post are of my point of...
XVG Had a nice breakout from its daily down trend, it should do a nice retrace and test its local bull trend before going for new highs. Would be looking to buy at the bull trend line or during consolidation on a support.
Check the last pattern, probably gonna retest support around 70satoshi and them goes up as volume and RSI gets higher
XVGBTC has done well of the last day or so looking into the history of the chart we see when it moves it moves seriously. I looked at this one this morning and saw it had gone up significant percentage and as arule i wouldnt have invested so late however on close inspection of the chart i noticed it had pushed into a squeeze and was ready for a second wave. I...
full cycle elliott wave + bearish divergence period created uptrend support line indicating bullish days ahead. Can easily break the resistance if volume gets higher. Hope RSI goes to 80. resistance: 64 support: 56 entry zone: now
Here we can observe a Falling Wedge pattern in progress with XVG. Maybe we will witness a new All Time High within the next uptrend.
Oversold right at support line means a huge bounce if we hold, going to break immediate downtrend and oscillate back up through higher downtrend.
Since the elliott wave didnt performed uptrend, as showed us in the wave 5, the corrective wave ABC went downtrend, but didnt break the support, so its a good signal that can goes reversal and finally uptrend in next days.