Updated

XVG/BTC huge breakout is near

looking at the 2 elliot waves, 1 from the range of about 2 weeks and the other from a range of about 2 days, both waves show a breakout is near

Note

i was a little bit of with the top line of the smaller elliot waves it seems. In my opinion the smaller waves already reached point D. So it looks like it will make a big bounce in a couple of hours.

Note

seems like i misjudged one of the waves from the smaller triangle, rookie mistake. But it looks like it's breaking out at the moment

Note

according to the elliot waves, XVG will now see a steady rise to about 1500 sats, where it most likely will have a small dump

Note

the breakout is real, next stop. Point D.

Note

still looking good.

Note

looks like it finds the support alongside the CD line when point D is at januari 5th at midnight.

Note

it's definitely finding support at the CD line. So it looks like a smart move to set your sell orders at 1500 en buy orders at around 1100 sats

Note

it seems like i got a little bit carried away with adjusting the CD line, in this image i placed point D at the old spot.

Note

still on track, i'm really confident about this prediction at the moment

jordikastermans

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.

jordikastermans