Strangguy

Strangguy

This trading idea would be hinged on a top breakout of the falling wedge. I anticipate the breakout to occur around the intersection of the longer-term up trendline and the top of the falling wedge. The predicted price action up is related to the falling wedge pattern at the time of breakout. Doing so would put us back to the years high of about $145. We will see...

Strangguy

If you missed the last low or sold this is a good spot to buy in.

Strangguy

Check out the trend chart.

Strangguy Updated 

We have an opportunity to not only touch the lower support trendline but make a double bottom as well. Buy at 9030 around midnight eastern time today. Price may go a fraction lower but this will ensure that you get in.

Strangguy

Here you can see the major supports and resistance levels indicated by the red lines. It's useful to be aware of this in your trading strategy. Price will face resistance/support at these lines and if price breaks the line then it will become support/resistance pending if the break was up or down.

Strangguy

Let me know your thoughts. Thanks.

Strangguy

Things are looking up for XVG.

Strangguy

I have a lower position on this coin but think that it now has a valid breakout. The inner (straight up) channel is probably a pipe dream but as long as prices stay withing the outer channel the world is harmonious. Trade as you wish within the inside/outside channels, always limit your risk.

Strangguy Updated 

Generally this is a free play, as long and price stays within the major channel and you buy low enough for the channels rise to cushion profits. Arrows and future lines are rough predictions.