Verge Correction Follow up 4/24/2018

in #verge6 years ago

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. 

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hi, andrew. Impressed your analysis. Thanks!

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