Pretty nice ascending triangle forming for Voyager- just trying to get past this stingy $7.28 resistance which we have topped out locally a few times.
Looking to bounce at around the $6.42 and push back up or worst case bouncing from $5.84.
Keep a close eye to see how this plays out in coming days
$BQX/$VGX appears to be following an overall upwards trend of a leading and expanding diagonal. Resistance and support lines were plotted through the use of Fibonacci ratios and may serve as indicators for stop buys and stop losses. Some of those lines, however, specifically indicate sell/buy opportunities as indicated by the green and orange lines (and the giant...
We are right on track to hit my target for the last published idea on Voyager's token $VGX ($BQX on Binance). Once ~$7.275 breaks, we're teleporting to ~$11 (Keep in mind that the Tradingview BQXUSD pair is not exactly 1:1 with Voyager's VGX price).
Is that the end?
No shot. Let's review what happened since my last update on 2/10/21 (link below):
TRADITIONAL NETWORK EFFECT - Overall utility = Application utility. When the number of network users increases, the utility to the user increases.
TOKEN NETWORK EFFECT- Overall utility = Application utility + Financial utility. This creates a virtuous cycle of token appreciation (happy users) that draws in even more...
I'm curious how fast the Voyager Platform is letting people in from their waitlist? I know a ton of people still sitting on the waitlist to get in. They definitely benefitted from the exodus of traders from other retail platforms (actually, they had unprecedented growth: 250K users in 3 days). However, we're in a slow declining pattern at the moment. I halved my...
BQX/USD is on an amazing run. After the $GME fiasco, many retail investors are running away from Robinhood and trying to find a new brokerage and trading platform. Voyager is one of the platforms these investors have found and they have been on a bull run since.
The ticker is consolidating at $2.50, but after this pennant is broken, it will can go on a run to over $5.00.
I know it might sound crazy, but I truly think voyager token could hit a price point of $100+ based on factors like the immense user inflows because of the robinhood fiasco and an ethereum target of 10-20k. If voyager token gets to similar eth or bitcoin ratio as the last cycle then I actually think a price point of $100 conservative tbh. Expect corrections along the way.
Hey all- just wanted to take a shot at breaking down Voyagers macro level market structure
(This isn't intended to be any sort of a markup climax price prediction- mostly intended to breakdown which phase we are in within the structure)
Like if you agree and comment any opinions!
From a purely technical perspective this is beautiful. Another classic hight time frame ascending triangle with HTF extended fibonacci levels matching PERFECTLY with the weekly all time high at $11.07.
Add in the fundamentals behind Voyager:
-Announced $46,000,000 raised on 1/21/2021
-Undergoing a possible additional $75m
None of this is financial advice. I am not a financial advisor. To begin, I will say this is an extension of my first post. Therefore I will not go into deeper fundamental explanations on why I love voyager, so let's stick to the technicals.
BQX/USD has bounced off 200 EMA repetitively the past year, which leads me to believe that this is setting up for another...
Compared to how much and how quickly VGX has gone up in the past month, a 30% correction does not seem too drastic. Obviously, nobody knows what the short term market will bring, but I feel like some sideways action could be the most probable.
I'm in for the long term with VGX, and will continue to buy.