$XVG Short in play. How rekt can I get?
Updated
Goin b's to the wall & shorted XXVG 2 days ago w my whole bag at 702.
I think it gets rejected here at this 810 attempt.
Re-entry target 480-550, but I may have to wait if we break out for a small run here. I think it will come back down, even if.
I just don't see us breaking the largest symmetrical triangle (big yellow one) & getting new ATH until we touch the bottom, which is why that's my target (480-530). Same exact symmetrical triangle play happened with mid-Dec moon.
If we touch bottom, expect a parabolic punch to the face.
Cheers!
**NOT FINANCIAL ADVICE**
I think it gets rejected here at this 810 attempt.
Re-entry target 480-550, but I may have to wait if we break out for a small run here. I think it will come back down, even if.
I just don't see us breaking the largest symmetrical triangle (big yellow one) & getting new ATH until we touch the bottom, which is why that's my target (480-530). Same exact symmetrical triangle play happened with mid-Dec moon.
If we touch bottom, expect a parabolic punch to the face.
Cheers!
**NOT FINANCIAL ADVICE**
Trade active
So far so good!Trade active
Breaking down out of the 3 day upward channel. Channels like this are a continuation pattern.Let's see what happens!
Note
Sunerok's CNBC interview confirmed for tomorrow (Sat, 28th) airing.twitter.com/derekcapo/status/989922133357879297
It either PnDs and sends XXVG to my bottom line over next couple weeks, or it has the XRP Fast Money effect.
My wager is on the prior.
Good luck!
Note
Looks like there might be a pretty good looking Inverted H&S forming on 4hr chart.If so, target: 990-1000ish.
May align with my previous theory of tomorrow's CNBC interview giving us a bit of a PnD back down towards my initial target. Will have to reassess once a move is confirmed.
We'll see!
Note
Perhaps not!Complex H&S forming (right shoulder is just finishing).
This is fun.
Note
Looks like I was off on timing, but might be hitting my target trend line any time now. I say we bottom out (touch base supp) within a week or so.Note
(cont.)... and by that I meant my base supp from this post below, NOT the yellow line in this chart above.
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.