Updated
XVGBTC support turned resistance
34 sats was a support level that needed to hold for further upside, unfortunately that has become a significant resistance level instead.
There is still a possibility of upside from this falling wedge pattern, but under 34 sats this is a no trade zone for me. Will wait until resistance is broken and retested to enter a trade.
There is still a possibility of upside from this falling wedge pattern, but under 34 sats this is a no trade zone for me. Will wait until resistance is broken and retested to enter a trade.
Note
34 turned strong support again, retested and now bouncing up toward 40 sats. Good opportunity here. 👍
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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.