Even though everybody makes fun of Verge and collab with Pornhub, I believe sell-off is calming down and we'll see bullish momentum soon.
Currently trading around 0.382 Fib, which is also pretty obvious support zone, if this support holds then targets of 874 & 979 is reachable in a couple of days, I see that as potential Elliott Wave B (correction wave), then dip lower after that and then - who knows what happens. ;)
Entry:
770 and below
T1: 874
T2: 979
Stop-loss:
695
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Currently trading around 0.382 Fib, which is also pretty obvious support zone, if this support holds then targets of 874 & 979 is reachable in a couple of days, I see that as potential Elliott Wave B (correction wave), then dip lower after that and then - who knows what happens. ;)
Entry:
770 and below
T1: 874
T2: 979
Stop-loss:
695
If you find this idea helpful, leave a like, comment and follow our profile!
Trade closed: stop reached:
People still think XVG is garbage, or we jumped in too fast.
Trade active