שורט

$XVG Short in play. How rekt can I get?

מעודכן
Goin b's to the wall & shorted XXVG 2 days ago w my whole bag at 702.

I think it gets rejected here at this 810 attempt.

Re-entry target 480-550, but I may have to wait if we break out for a small run here. I think it will come back down, even if.

I just don't see us breaking the largest symmetrical triangle (big yellow one) & getting new ATH until we touch the bottom, which is why that's my target (480-530). Same exact symmetrical triangle play happened with mid-Dec moon.

If we touch bottom, expect a parabolic punch to the face.

Cheers!

**NOT FINANCIAL ADVICE**
עסקה פעילה
So far so good!
עסקה פעילה
Breaking down out of the 3 day upward channel. Channels like this are a continuation pattern.

Let's see what happens!
הערה
Sunerok's CNBC interview confirmed for tomorrow (Sat, 28th) airing.

twitter.com/derekcapo/status/989922133357879297

It either PnDs and sends XXVG to my bottom line over next couple weeks, or it has the XRP Fast Money effect.

My wager is on the prior.

Good luck!
הערה
Looks like there might be a pretty good looking Inverted H&S forming on 4hr chart.

If so, target: 990-1000ish.

May align with my previous theory of tomorrow's CNBC interview giving us a bit of a PnD back down towards my initial target. Will have to reassess once a move is confirmed.

We'll see!
הערה
Perhaps not!

Complex H&S forming (right shoulder is just finishing).

This is fun.
הערה
Looks like I was off on timing, but might be hitting my target trend line any time now. I say we bottom out (touch base supp) within a week or so.
הערה
(cont.)

... and by that I meant my base supp from this post below, NOT the yellow line in this chart above.

Sobering reality for all you $XVG Perma-bulls (still GREAT news)
Chart PatternsTechnical IndicatorsTrend Analysis

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