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XVG on its way back to 1000 sats, get ready for the bull run

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Hello traders,

After a long hiatus, XVG is ready to get back into the field. This first wave looks to be like a rising wedge which should be followed by a corrective wave of 61.8% to 78.6% retracement. Take some quick and easy profits here and wait for the monster third wave that follows the second wave.

Target: 1000 sats

Invalidated below 814. Happy trading and stay safe!

*For education purpose only. Not a recommendation of buy, sell, or hold*

Kinashi-San
Ghi chú
Found support again at 800 satoshis. Since none of the candles in wave 4 closed below wave 1's close, our wave count is still valid. Most likely will head north when the RSI resistance breaks

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Elliott WaveFibonacciSupport and ResistancexvgXVGBTC

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