Legendary XVG Short: UPDATE - LOOOOONG! 1: 930s? 2: 1400s?
מעודכן
**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!
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!
הערה
Gettin 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 for anyone who is interested in seeing it. DM me, if so.**
הערה
The Legend is coming to fruition... PREPARE FOR BLAST OFF & HOLD ON TO YOUR BUUUTTS!!!
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