Verge / BitcoinLong
XVG will let you in this week to ride it higher.
XVG has been booming. We'd all like to get in. Here's when.
Ofcourse, if trend reverses hard we need to get out again when it retests the bounce. Hence the importance of making sure to get in at a level that will be retested on the bounce if we fall through it!
Use the fib levels for that. I've drawn a box encompassing the most important ones where we can expect a retest to occur that gives us a good entry.
If all goes well we're looking at profit targets at 2800-3000 sats and then 5000.
Ofcourse, if trend reverses hard we need to get out again when it retests the bounce. Hence the importance of making sure to get in at a level that will be retested on the bounce if we fall through it!
Use the fib levels for that. I've drawn a box encompassing the most important ones where we can expect a retest to occur that gives us a good entry.
If all goes well we're looking at profit targets at 2800-3000 sats and then 5000.
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