Xvg is going to Break out by a subminuette 3 wave as seen on the chart. We could also see a small retrace from that wave before we start our new bull run today! A nice Ending Diagonal Triangle like we have seen in almost any crypto chart the past days wich indicates a dramatic reversal. When this minor wave 1 finished we could see VERGE retrace to 78% before wave 3 starts. Good target for XVG is .24$. I update this chart so you could consider following me :) I will also make a video on xvg soon
Happy Trading and lets make some monies
On your own risk
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First Target $0.96
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Second test, we will break out now. This could be also minuette wave 1, the retrace to 78% of the impulse is a strong indication also volume is there
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And lift off.. don't say I didn't warn you :)
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Retrace to $0.739200 before next wave up
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Contracting Triangle = Running Triangle = in Bullmarket UP
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XVG is doing as expected, the previous triangle was broken and we retraced to the projected level. Now, the alligator needs some food after its sleep. Lets eat some sell orders and make money. Imminent outbreak (1hour or less)
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Here we go again! Watch closely to BTC for correction and use trailing stop loss to buy back at the dips. A nice fractal below the teeth of the alligator means price go up!
@WhatsThatCrypTom, please will it still retrace $0.0739200? it seems its moving again
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@bosamfo, sorry for my late reply! But yes this is absolutely still possible. Wave c correction doesnt find a good support. We also could see a flat, in that case there will be inverted head and shoulders forming now