Verge Correction Follow up 4/24/2018
Technical Analysis:
- Correction Target hit 720 Satoshi exactly
- The ABC correction has completed and the 5 sub waves of the C wave are confirmed
- XVG has entered my buy zone, now looking at this trade as a swing trade with the the target of 1600 Satoshi and 2000 Satoshi (3rd wave of the larger Primary Wave in Progress)
- Still looking for RSI and Volume confirmation
- Stop loss at 715 satoshi
- Planning on holding for 1-3 weeks
- See previous post LINK from 4/18/2018 regarding correction target and LINK for longer term swing trade targets.
- No changes to long or short term outlook from previous analysis - all targets and criteria have been met
If you have found this helpful, please UPVOTE, FOLLOW, and RESTEEM :0)
LEGAL DISCLAIMER:
I am not a financial advisor, nor is this intended to be financial advise. I encourage you to do your own research considering this blog is a way for me to document my own personal analysis, charts, trading decisions, and experiences.
hi, andrew. Impressed your analysis. Thanks!