a.rafay
Panjang

XVG BTC - New Year gift in making?

BITTREX:XVGBTC   Verge / Bitcoin
XVG has been in news recently for all the right and wrong reasons, specially, when a target of 0.15 USD is reported as 15 USD!

Anyways, we are traders and we need to make the most out of any and every opportunity available! SO XVG will present a very attractive opportunity as we see the price retracing rapidly post the maniac of last few days.

As marked on the chart, XVG will soon enter the possible BUY area. Accumulation can be done between 0.00000710 to 0.00000610 with targets defined through Fib extensions on he chart. Stoploss can be defined around 0.00000580 (watch out for false break).

Trick is to wait for the right buy level and not jump in too early!

Happy Trading & Happy New Year :)
What do you think? Will it keep going up or more dips on the way?
Balas
good spotting.
Balas
>>when a target of 0.15 USD is reported as 15 USD!
It was a fake news, max 3 USD.

Happy New Year
Balas
@klimauk, you might want to look at McAfee's twitter account and tweets from last night where he identified this. Anyways, even 3 USD is way too high for XVG... infact, even the current price isnt justified... but we are traders, so we catch the trends :)
Balas
CubanMiner a.rafay
@a.rafay, I don't agree with you. No reason Verge cannot achieve Monero's current market cap
Balas
indyrottier CubanMiner
@CubanMiner, verge is nowhere near Monero. Do some research, verge ain't that private as you think ;)
Balas
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