It's time for xvg to take it's throne. A lil comedic relief after looking at charts non stop for hours :)
I don't know a lot about this, I'm just analyzing the chart.
Looks a lot like that last IOC run. Same credentials. Lots of potential here for a big move.
That was a very strong and healthy upward trend. I think it will need to establish itself as these levels for a while and then it will run again. I'm really putting myself out on a limb estimating these long term trends but thats what makes it so fun!
Just looked back at my previous chart and realized Vibe fell through the trend line and is meeting resistance at the same line. If it doesn not make it through, then we are gonna have a bad time.
Just guessing based on the trend and support lines! Need to see the supports hold up before I am convinced.
Hoping for a continuation here! Lets get a bull flag, and keep charging!
Updated Ven. I overlayed two Fib extensions and has been very accurate so far. Both the large and small fib extension tools have been providing resistance, support. I did put the Resist level in yesterday before it hit it. I thnk once it gets past the next resistance, moon is very likely.
Not an expert, just learning how to use Fib tools. I think the commentary explains what I'm seeing here. I am looking for critique on my methodology. I am least certain about the point B on the Elliot correction wave, but I don't assume it would extend beyond that and form a head and shoulders - which would signal trend reversal. I'm looking for the correction...
I think it is a bit of a stretch to run the Fibonacci retracement tool all the way back to September, but it does begin a long upward trend from that point and the price bounced off the 61.8 retracement line almost perfectly based on this chart. I am not sure if you can see it by scrolling back in my chart but I did the exact same thing for July 2017, and the...