BINANCE:XVGBTC   Verge / Bitcoin
Trendline broken, FIBs add up perfectly. I firmly believe this is gonna give back atleast 80% of ATH before it turns bullish again. Keep this entry level in mind this might turn into a VERY profitable trade (we're talking 900%+ in a matter of a couple of weeks). I can see XVG going back to ATH but its quite early to say, we need to see how the reversal pattern happens.

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Let me know what you guys think im the comment!
From everything i’ve seen, XVG was a shooting star that fizzled out due to multiple FUD attacks and a sweeping left hook that is the market correction. I don’t think that anyone except early adopters that are still in profits will make significant money from this coin. I sold my stake right before the Christmas FUD bomb by that dingleberry piece of sh%# Marquis Trill. Doubt i’ll seek reentry until I see a long bullish period. Like multiple weeks of bullish behavior.
Denzoss BenWechsler
@BenWechsler, Good FA but to me it all depends on how it reaches the level mentioned above. TA doesn't lie and the chances of a mid cap coin literally dying are very low. But only time will tell which one of us is right :)
no way will it hit that. wishful thinking
+1 Reply
Denzoss Timothie_Roggers
@Timothie_Roggers, Well my approach is that if it doesnt hit a point where I consider it very safe for a reentry then I simply dont enter the trade and go on to another coin. Risk management is much more important than profit management in this market.
+2 Reply
mlosa Denzoss
@Denzoss, thank you .update please.
+1 Reply
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