maheswar81

XVG on falling wedge breakout. Trade for 200-300% gains

Long
maheswar81 Updated   
BITTREX:XVGBTC   Verge / Bitcoin
Hello Friends,

We are close to bull market run in which we have seen alts gave 10x even upto 20x returns. So it is good to buy and wait for the bull market to kick start.

If you see the history, every coin had a rally and fell by 80-90% before next run. XVG is in the same position, one can invest 5% of his portfolio for 2x-3x returns from current rate.

It broke the falling wedge and decent volume spike shows people are getting interested in the coin. Huge order book shows orders are lined up very well.

So I would buy Now(480) or wait for a dip to buy and try to target 1500 SATs. Note there are multiple resistance in this journey so trailing sl or exit on target and buy back at lower levels.

SL is below the recent low.

Good luck.

Disclaimer: This is my trade, not a recommendation to buy or sell, You can trade on your own risk.

Thanks and Good luck.

Trade active
Comment:
Please use your stoploss at 450 SATs, SL hit is hit and Exit.

Multiple reasons for the decision of Stoploss is

1) The Partnership announcement on 26th March If the donation target is reached which is not good. And Donation didnot meet the target yet.

2) XVG Twitter account was hacked some days back.

Considering the above, Please have your stoploss and trade.
Trade closed: stop reached:
I have to face the reality, I should not say "Wow" look XVG, how it is going.

The low was 440, Sl hit, the truth is I didnot close my XVG position, I saw it is recovering at 440 levels so I left it.

If you have not closed, happy for you. If you have closed based on my words, I am really sorry. I have to work on sl levels more.

To keep my words up. Sl is hit for me and the call is closed. Sorry about that.
Comment:
whoever holding, 480 can your stoploss. 500 support holds well.
Comment:
moving steadily
Comment:
Wow, close to 50% return from the call posted.
Comment:
It is close to 300% , Hope you enjoyed the profit.

In last 15 days, My 2 calls here gave 300% (XVG), 200%( DNT) , 100% ( STORJ ). Well, there were buy back areas and more profit on those counts. But I didnot count those.

May be others calls didnot fly that much but Patience pays friends. I am still holding ADX.
Comment:
Just remember friends, I am the first to callout then crowd followed it.
Comment:
Whoever holding it. Please book your profits. We ar close to 300% gain, It can move upto 2000 SATs, but it has to face a lot of selling pressure before it moves up.
Comment:
Hope you all enjoyed 300%, Announcement is on 17th.
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