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"Psychology of a Market Cycle" meme currently printing on $XVG
Verge / Bitcoin
Long
"Psychology of a Market Cycle" meme currently printing on $XVG
By EMFATV
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Updated
May 9, 2019
1
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May 9, 2019
Literally identical to the popular graph from wall st cheat sheet.
Compare for yourself!
A capitulation triangle broke down into an anger triangle, which began breaking down into current depression a month ago.
Too many similarities to spell out here.
Point being - I'd look into buying
X
XVG
, especially if you aren't one of the many ferociously dumped on bagholders & actually have money left, lol.
Most midcaps have 8-13x on the return to ATHs - this sucker's got 20x >O.O<
Don't hurt yourself just because this coin's reputation is currently burning alive in a dumpster. What better time to buy, since Dec 2017?
May 9, 2019
Comment
In case it wasn't clear - the falling wedge that we've been in for 1 month is what targets 200+ again.
May 13, 2019
Comment
Let's see if this "channel" holds or death wick inc
May 15, 2019
Comment
It held, imo.
Personally I feel the majority of the alt market is at absolute bottom, and utter nastiness is about to ensue in coming days/weeks/months.
May 15, 2019
Comment
Ohhh that feels good ;)
May 15, 2019
Comment
Bought 90-94
Sold 122-126
Plotting buyback now. Price is 117 currently
May 15, 2019
Comment
Just broadcasting the smaller flips on the way to 200+
May 15, 2019
Comment
Back in at 112
May 16, 2019
Comment
Sold 148-150 earlier, and just rebought 135-136
May 16, 2019
Comment
Still holding 135-136, after sleeping through 123 dip.
Current price = 137
May 16, 2019
Comment
AltFisher
, you know my position! ;)
(won't let me reply in comments without verifying phone number, and effin eff that.)
May 18, 2019
Comment
Still holdin 135-136
May 19, 2019
Comment
Still holdin my 135-136 rebuy from May 15
Jun 2, 2019
Comment
We have pivoted at 113 back to 160+, imo
Jun 2, 2019
Comment
I thought we would hit 100-110.
Who knows, maybe we will still.
Jun 2, 2019
Comment
Oh, oops. I forgot to update that I had sold my 135-136 buy at 134 a few days ago, fwiw.
Got back in at 114-117
Jun 19, 2019
Comment
Aaand we hit the 100-110 range I was expecting, after all. Looks like 98 ultimately held.
Time to rip again, soon?
Still holding 114-117
*fingers crossed*
Jun 20, 2019
Comment
Whelp maybe not. Barely tickling 95 or new low inc. I'll hop out if so.
Jun 20, 2019
Comment
For clarity - it just hit 97 for the first time this week. (Binance)
Jun 22, 2019
Comment
Like I put in the comments: I put an 89 stop & a 90 limit. I re-bought 79 as it was the bottom channel support, again.
Taking profits at 86. Will reassess soon. Need to get back above 93.
Jun 23, 2019
Comment
Might have a breakout. Eyeballing 93 for a rebuy. Just hit 101 a bit ago.
Jun 23, 2019
Comment
In at 93. Let's see if it can keep pushing
Jul 15, 2019
Comment
Sorry was out of town for 2 weeks and forgot to post my last xvg exit / re-entry:
I had entered 93 last, I quickly exited 90-91.
06/26: Bought 65-66.
07/02: Sold 75-77.
07/10: Bought 56-58.
07/11: Sold 63-65.
07/15: Just bought 56, today. Now sitting at 58 - tempted to sell, but going to sit on my hands for a moment.
Jul 15, 2019
Comment
Another chart for your entertainment:
Jul 15, 2019
Comment
My long-term view on XVG has not changed. It is tech that works, therefore = value.
Just wait for next expansion period in alts market that is inbound, and play movements like I have in the meantime.
Who cares if it never hits 2k+, there is a buttload of room in between that and here.
Accumulated XVG/alt of choice = Accumulated BTC in next Alt Saison.
Jul 24, 2019
Comment
Still holding 56
Beyond Technical Analysis
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