The price has been moving in a large descending triangle since September 2022 We are now on the verge of breaking the downtrend. Hence, moving average 100 Which pushes the price to rise, supported by oversold conditions and upward momentum The price now is 0.1465. The first target is 0.3669. The second goal is 0.6312.
Comment
It should be noted that the correct name of the chart is: Vgx Not xvg
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.