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AlanSantana
5 מרץ 2021 15:40

Verge (XVG) Going Above MA200 4H, Do You Trust Me By Now? לונג

תיאור

XVGBTC (Verge) is now moving above the MA200 black line, this opens up the potential for strong bullish action.

  • We have a very solid setup here for XVGBTC.
  • The real action is yet to start, so much room available for additional growth.
  • The MACD is now above zero and trending up strong.
  • The RSI is ultra-high which is also really good.


I've marked the next two targets on the chart with light green dashed lines.

Above MA200 we are strongly bullish.
Below it, we get some more consolidation but ultimately we remain bullish.

We switch to bearish only if prices move and close below the red dashed line at the bottom of the chart.

Thanks a lot for reading.

Remember to hit LIKE!

Namaste.

הערה

Every time I see Verge at 700 satoshis keeps me holding...
תגובות
tommaxclub
Whales are back.

Its happening now
hamidjamila
Yes mister
I always abide in your very respectful analyzes and will always support you
AlanSantana
@hamidjamila, Great to know.

Thanks a lot for the support.

Really grateful.

Namaste.
reiiss7
Great analysis. Where do you usually set Long entry in this scenario, on the Black 200 MA?
AlanSantana
@reiiss7, Our buy took place around 28-34 back in early Nov. 2020. (On Telegram)

We also have a trade where the buy in was set at 28-31 from early January 2021.
nachrboy
"Do You Trust Me By Now?" - Yes I do Mr. Masters! :)
AlanSantana
@nachrboy, Thanks.
funtext
Thank you! What about Sky, any thoughts?
trade1991
You have updated too late
AlanSantana
@trade1991, It is fine, we update when we can.
עוד