jmC3PO

Legendary XVG Short: UPDATE! - Still further yet to fall?

Short
jmC3PO Aktualisiert   
BINANCE:XVGBTC   None
Apologies on the late/no updates! I've been traveling out of state for the last week and will be doing so for another week. Sorta inconvenient timing as far as Legendary XVG Shorts are concerned ;)

I scooped my whole bag up again at 364-366. I can sell now for a nice 4-7% gain, which I'm going to do. However, it could scooch just a bit higher (389-398), so i'll just be laddering out throughout the 80/90s.

I personally see 322 still in the cards. Although it's a rather difficult read right now with BTC doing w/e it wants lol.

We'll just have to wait and see!

Cheers.
Kommentar:
**Hey all! Sorry for the late update, as I'm still traveling. I'll be back to my regular posting schedule on Wednesday, July 4th.**

BREAKOUT!!!

XVG looks to have achieved it's first successful breakout from our big beautiful falling wedge that began with the PH spike & dump turning point back in April!

This could be it! We still have a ways to go, and we probably need BTC 4.34% to be a reverse too. BTC 4.34% looks like 6725ish is in sight, then a Right Shoulder formation that could go as low as 6100. This would be an inverse H&S with a target of 7400ish - around mid July or so. That's just my guess for now.

Always look out for throwback & pullback!

Hopefully I can get a read on some reversal patterns for XVG for you all as soon as I get some time, so we can start hitting/flipping more short-term targets.

Cheers! Good luck out there!

Kommentar:
Gettin a little bolder here with my riskiest call yet - a short-term long calling targets & timing. I'll probably get slapped with the reality of the unpredictability of markets, lol. Oh well, just for fun!

I'm seeing a few bullish patterns forming since the breakout from our wedge . An asc scallop or two, an inverse asc scallop and possibly a (series of) inverse H&S . As well as some cup & handles, maybe?!

Much is still yet to be confirmed, but this is my bullish PoV as of right now.

All of these are targeting 460-500. I'd like to see it happen in the next 36-72 hours. Funny enough, that'd be a nice height for what could become an even larger asc scallop - which I have drawn in white.

Don't get me wrong - I still see the potential for a dip, but it sh/wouldn't be much. Below 375 would be somewhat unexpected for me.

Fair warning: Use caution if trying to trade based on this - it is not trading/financial advice and I do not expect it to be SUPER accurate.

Cheers, y'all!

**PS: I have a super speculative theorized roadmap/private chart laid out all the way to 900s for anyone who is interested in seeing it. DM me, if so.**

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