all indicators are turning bullish for XVG for the (very) long term hold,
i truely believe there is alot of money to be made with this coin...
we might go for another new low. but that will be your last buy opportunity
this is not financial advice, i do this for my own entertainment.
VERGE / USD
Many like to call it a Sh*tcoin but then again, many used to refer to Bitcoin and Ethereum in similar way.
Privacy coins are the future. Yes we still have Monero and ZEC but that does not mean that there isn't any space for few more privacy coins
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or ...
This is what I see for Xvg/Usd. Specially with Xvg/Btc showing that it needs to go deeper still Xvg/Usd show a really good probability to get down to the 1/2 cent area. A little pump here and there is somewhat expected but it's only to suck in as much more money as they can before they take it lower. They kind of run out of sellers so they look for buyers then ...
IF it can hold up in time with the Ending Diagonal I think is playing out in BTC...which could have a couple/few days left until completion.
This COULD be a small Ending Diagonal for wave C of (2)...we need to hold the previous low where proposed wave (1) started.
Much higher is expected targeting the red area first and the green for 5 up for wave 1 circle, then a deep correction.
The timeline may not match and no consideration has been given to same.
IF the bottom is in, this is a possible scenario, first targeting the red area then the green, prior to a deep correction. Following this, and maintaining the last low, would give credence to the $5-24 target....expecting $14 over time.
The alt is, this 5 up was part of a 4th wave Expanded Flat, requiring one more low before making a lasting bottom. The reason I ...
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