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AbdorhmanThi
24. Dez. 2017 12:02

XVG: Downside Correction Long

Verge / BitcoinBittrex

Beschreibung

Market is in consolidation 70% of the time. The 30% that it isnt, you see a big run up. XVG reached a psychological level at 30 cent/2000Sat. Therefore I see it cutting down 40-60% of its climb. Late comers are buying XVG thinking it will keep going up without a correction. These are the losers of the trades. I expect XVG to go back to previous resistance to test whether this climb was healthy or not. After that I believe XVG will make its way to 50 cent. What are your thoughts?

Trade with care.
Kommentare
SosoSoso
I bought at 0.21 and thankfully was able to sell at 0.20 with no major losses. but I'm waiting for an entry point at the best, when do you think entry point is before it bounces up high again? Thanks
mesho329
I SET STOP LOSE ON 1250 AND SELL IT ANY HOPE TO BUY IT AGIN ? ON 1250?
bcaztx
Good point,
ricoemme84
you see 5$ in 2018?
you see 10$ in 2018?

whats your target price in 6 month?
AbdorhmanThi
@ricoemme84, If new money keeps coming. I don't see why not. But with current cap. 80 cent is more reasonable.
davearss
I think the pull back won't be that severe as the momentum and lack of better low priced choices to move into. A lot of BTC $ went in last couple of days and they are lookin good and more secure in a highly liquid coin that is holding well against the pull backs in BTC. Thanks, Blessings and Merry Christmas- Happy Holidays to all. Dg
AbdorhmanThi
@davearss, We will see. My ideas change as market move forward and give new clues.
eyan72293
HEY MAN, KEEP IN MIND WE ARE COMING UP ON THE WRAITH PROTOCOL ON THE 31ST, THIS WILL BE BIG FOR THE COIN AS FAR AS MEDIA COVERAGE AND THE OVERALL TRUST IN THE COIN. BE READY FOR EITHER WAY! MERRY XMAS, HOPE EVERYONE MAKES LOTS OF MONEY! 2018 WILL BE BIG :)
AbdorhmanThi
@eyan72293, If that's the case, then buy the rumor, sell the news.
bot01110011
are we following the chart right now?
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