SupplyDemand

VGX at the Base of a Large Triangle

COINEX:VGXUSDT   VOYAGER / TETHER
I purchased VGX 27 times since March 2021. My highest buy price was $6.10 and lowest 1.599. My average buy price is 170.18 VGX at $2.74.

The all-time-high (reported by Coinmarketcap is $12.54). My DCA price is about a 78% discount from the all-time-high.

We are currently sitting at the base of a large triangle formation. Price may range at these levels until it hits the end of the triangle where I see it breaking out to the upside. If price breaks below the triangle we can possibly see VGX way under $1.00

My goal is to purchase another 330 VGX in order to qualify for the Voyager Adventurer Loyalty Program (500+ VGX) while at the same time decreasing my DCA price.

  • 1st sell target is 20% VGX at $3.762
  • 2nd sell target is 30% VGX at $5.643
  • 3rd sell target is 50% VGX at $7.5954
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