VGX Bankruptcy!VGXusdt , Bankruptcy was announced
It is expected that there will be a heavy fall ahead
We have to wait
If the support lines are broken, a sharp fall is coming
VGXUSDT
Voyager Token (VGX) formed bullish Cypher for upto 34% pumpHi dear friends, hope you are well and welcome to the new trade setup of Voyager Token (VGX) with BTC pair.
Previously I shared a big BAT pattern of VGS, which is still in play:
Now on the same daily time frame, within the potential reversal zone of the above pattern, VGX has formed another bullish Cypher pattern as below:
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
VGX at the Base of a Large TriangleI purchased VGX 27 times since March 2021. My highest buy price was $6.10 and lowest 1.599. My average buy price is 170.18 VGX at $2.74.
The all-time-high (reported by Coinmarketcap is $12.54). My DCA price is about a 78% discount from the all-time-high.
We are currently sitting at the base of a large triangle formation. Price may range at these levels until it hits the end of the triangle where I see it breaking out to the upside. If price breaks below the triangle we can possibly see VGX way under $1.00
My goal is to purchase another 330 VGX in order to qualify for the Voyager Adventurer Loyalty Program (500+ VGX) while at the same time decreasing my DCA price.
1st sell target is 20% VGX at $3.762
2nd sell target is 30% VGX at $5.643
3rd sell target is 50% VGX at $7.5954
VGXUSDT Price UpdateVGX looks like it's forming Cup & Handle pattern in 4H timeframe which is a bullish sign. we have resistance levels at 5.34 and 5.46 if it breaks these levels and it will be more likely to go up and reach the target from the cup & handle pattern which is at 7.
