XVG has taken some insane dips recently from fake news and the price being dropped for large buys to take place; hopefully everyone managed to catch the drop. It was impossible to see coming, but it was caught on the discord chat. Soon after binance and other exchanges locked up and now we are heading back up. May encounter sell walls; but at this stage I think XVG has been shaken enough to start moving up!
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Now making its way up, MACD line crossed
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2000 sell wall looks like a prominent bounce
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chime in to the chat to see updated posts regarding the sell wall- discord.gg/QgwftbS
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heading for another trend change
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nice new low
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next target 1500
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posted a new chart showing expected movements
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market for xvg currently brushing off anything that hits it; looks very BULL
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dropping off now jumping out till it picks up
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hitting the bottom?
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nice upward support trend
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xvg might have one last dip to touch 900 before starting it's long rise
Elliot Waves say this is going to 3841 sat or 5,721 SAT now after this drop down to 800 sat. Gee, thanks for all the fake FUD!!!
Wave 1.... 100 sat to 1980 SAT
Wave 2.... 1980 sat to 800 SAT
Predicted Wave 3
a) Wave 3... 800 SAT to ..... 3,841 (1880 X 1.618 = 3041) 3041 + 800 = 3,841 SAT
or
b) Wave 3... 800 SAT to 5,721 SAT (1880 X 2.618 = 4,921) 4,921 + 800 = 5,721 SAT
desired
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to the moon
desired
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lets go
Timothie_Roggers
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This still valid?
thomas58700
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@Timothie_Roggers, Check out the newest charts, it is in an upward trend now, still having some wacky movements.
Redredonline
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I have 35000 XVG for the Long Term, is it wise to set a stop loss order? In case it really tanks?
thomas58700
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@Redredonline, I'd hold on that investment, sorry for missing your message, setting a stop loss may not be the wisest decision. I doubt it will drop any further.
Redredonline
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@thomas58700, No worries, thanks for replying! I bought XVG in June so the ROI is pretty good. Was just doubting to set a stop loss to secure a possible tank as people are very sceptical about this coin.. If you would set a stop loss, where would you put it?
thomas58700
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@Redredonline, right now I'm sticking it at around 1050 and waiting for it to break out past the resistance it is sitting at; only putting it at 1050 because I am watching it
Wave 1.... 100 sat to 1980 SAT
Wave 2.... 1980 sat to 800 SAT
Predicted Wave 3
a) Wave 3... 800 SAT to ..... 3,841 (1880 X 1.618 = 3041) 3041 + 800 = 3,841 SAT
or
b) Wave 3... 800 SAT to 5,721 SAT (1880 X 2.618 = 4,921) 4,921 + 800 = 5,721 SAT