לונג

VGXUSD - BULL SZN

מעודכן
We can see that the downward trend is broken and also verified with a bounce. Furthermore, it rests right on the Fib level. Good entry position.

Fundamentally, VGX has been in a steady fall since the LGO swap and Binance listing. Their current market cap is substantially below the mcap of their parent company, which is listed on TSX with a mcap of 1.5bn.

Stop below the trend depending on your risk appetite. Target pink circle.
הערה
Although in a down motion, VGX is still above the trend and the bullish divergence is getting stronger!
הערה
Still on the trend, keeping Bullish. Going below the 2.34 mark would probably change my outlook.
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