In chart text explains everything.
Note
We met our price target, then price immediately threw back to the bottom of the handle, and now looks to consolidate around the 850 satoshi range. I would be careful going in LONG on XVG right now, that big red volume candle indicated some series distribution. I still hold 6125 XVG and I'm not selling, but I am also not advising to buy more. Let's see if we can form a bottom here and build more support at the bottom of the handle.
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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.