Long
Going back in on XVG..
So as we can see, the RSI and MACD are increasing as price is declining, which means we may yet see our retrace to the upside. I believe the alt market is about to see some bullish momentum, as long as BTC behaves.. if we keep increasing on BTC we might still see some downside, but I've highlighted a decent accumulation zone for us and we still have 2 supports to bounce off.
Personally my stop-loss is at 85, and I'm in at 94 sats.
Personally my stop-loss is at 85, and I'm in at 94 sats.
Note
Moved stop-loss to 104, hoping we can break this resistance at 120 and pump harder todayNote
Updated analysis coming soon but if you followed this you should be up 40%, as for me I liquidated 25% at 142 sats
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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.