Long
Voyager VGX - Downtrend is over! Impulse completed + Record VOL

- VGX is currently number #1 bullish altcoin on Tradingview Binance USDT list.
- We have a record volume at the end of the downtrend, which is a significant event.
- As per my Elliott wave analysis, this huge Impulse wave should be completed successfully.
- Now i expect a retracement at least to 0.382 FIB + previous swing low (for conservative traders).
- You can wait for a breakout above the yellow trendline for safe entry.
- Look at my ideas about interesting altcoins in the related section down below ↓
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Note
Zoomed in into the uptrend. As per my Elliott wave analysis on the 5 minute chart - the huge impulse wave 12345 has been completed and now I am expecting an ABC retracement, can go down to 0.618 FIB. Also we are below the main yellow trendline.After the retracement - there is a great chance for another huge impulse wave to the upside.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.