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SupplyDemand
Feb 21, 2022 3:13 PM

VGX at the Base of a Large Triangle 

VOYAGER / TETHERCoinEx

Description

I 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
Comments
curiousSalami18460
When VGX cuts it’s interest earning for US customers it will dump just like Celsius did. It’s going to happen soon.
curiousSalami18460
That is, unless it’s been adequately priced in already
SupplyDemand
@curiousSalami18460 yes very possible however nexo didn’t dump as hard as Celsius
SupplyDemand
SupplyDemand
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