thomas58700

Fib analysis of XVG starting to move, seems supported

Long
thomas58700 Mis à jour   
BITTREX:XVGBTC   Verge / Bitcoin
It has been a very volatile trip following xvg. Through all the disinformation and panic it seems to be supported as indicated on the charts and now has a balanced volume. The previous "ideal convex and concave" buy/sell volumes that supported it on the last drop have moved to being more linear with a higher sell wall at 2000. Currently teetering on the resistance line (red line) also indicated on the chart and is most likely moving into a more bull trend to continue its upper "bouncing-movement" mentioned in the previous post along the major orange support trend. Eager to see where it heads next.
Commentaire:
I've been holding since yesterday, luckily I set my stop loss at 800 as it almost touched 900 when I was away!
Commentaire:
dropping around the resistance line, but it did poke through the upper trends
Commentaire:
a good stoploss would be 920
Commentaire:
Badly marketed verge video released; their "xvg whale" videos are pretty strange haha, that could cause a temporary fall in price so I've jumped out. Currently in a profit, waiting to see if the price goes back to 900
Commentaire:
Seems to be stabilizing, now waiting for it to cross over through upper-trend lines
Commentaire:
rising nicely, looking at 1315 as the first mark it should encounter
Transaction en cours:
past 1315 still heading up along the predicted bounce route
Transaction en cours:
some more interesting drops; bought in @ 1000, stop loss set at 980
Commentaire:
she's heading down ;(, holding in xrp that is rising until xvg figures out what it is doing
Commentaire:
Pausing around 900; could be returning
Commentaire:
Forming a cup and handle indicator (bull indicator); hopefully we switch trends now
Transaction en cours:
heading back up in fib increments
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.