Legendary XVG Shor...scratch that...LONG! Update: 460-500Gettin 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 to a pinned blast off date for anyone who is interested in seeing it. Direct message me/comment below, if so.**
Vergezoo
Legendary XVG Short: UPDATE - LOOOOONG! 1: 930s? 2: 1400s?**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 to be a reverse too. BTC 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!
Legendary XVG Short: UPDATE! - Still further yet to fall?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.
Legendary XVG Short: FLOOR UPDATE!? Are we done free-falling?!Whelp...It's been quite a ride this month & a half, with all of you. What a legendary go - One for the books, if I say so myself!
I'm sorry I could not update at the floor today, as I was soft-banned for posting the discord link in the above thread. I posted that when I was on a premium trial account, and it is now against the rules as I am back to a free account. - I digress.
My XVG bags were heaaavyyy this morning near the floor. It felt SO good hopping back into my beloved Verge. Flipped em all at 440 a bit ago. There is still a possible maybe potential for 450-453 to hit.
Whoever caught the max range easily had 10% gains today.
The best part?
IT'S ABOUT TO HAPPEN AGAIN!!! TALKIN BOUT FREE BIG-GULP REFILLS!!
This rising wedge targets 385, but I'm not sure if we'll get that low. We'll have to see.
410 fits more in line with a Wyckoff bottom - at least at this next touchdown. So, I've adjusted my hit-box slightly, as you can see.
I will most definitely be picking up every bit that I can in the 420-385 range, again.
Remember - it's all about those 1% quick gains, and you only need 4 sats with XVG right now.
GOOD LUCK & GODSPEED!!!
(I can't wait to type "xvglong" in the tags of my Verge updates.)
Legendary XVG Short: DONT be fooled! Another Desc Scallop 450ishHellooo!
Another quick update for your favorite Legendary $XVG Short.
I believe a desc scallop with a target of 448-462 is deceiving some folx today. If I was you, I'd get out on this peak, in order to re-buy at least around 450 - if not our ultimate 390 target. BUT, I'm not you, and this is NOT professional trading/investing advice!
We might see a bit of juice yet, but we gotta break 600 before we can start to consider anything.
Could be a big risk! This coin is about to explode as soon as it breaks out. I bet a single day candle could reach the top of our 6mos triangle, once it happens. Maaaybe 2 days, as we may need one to break us back through the bottom line of our 6mos triangle or something.
:fingers_crossed:
Good luck!
Original Legendary $XVG Short call from May 2nd:
Updated Target for legendary XVG short: Bottom found? 1400+ inc?Hello!
XVG is juuust about finished with it's 2 month long correction that came in the form of a beautiful falling wedge.
However, we are not out of the woods just quite yet. I think we will be rejected in the purple circle. However, disregard this if we break above 560 - at least for your short-term consideration. For the more aggressive traders, 560-580 is close to a confirmed break out - but, 600 is bare minimum for me, as things stand rn.
So, I believe we still have to see sub 400. As of right now, my target is 391. Why?! The gorgeous desc scallop that I originally started this trade with targets that.
Good luck, #vergefam!
#vergezoo
Original call:
Added Fib Fan & PH announce resist. Nothing else changed.Gets even more clear when you fan that fib out, and add a resistance trend line from PH announce peaks.
Nothing else has been touched.
