having a look into XVG sitting at the top nicely moving into tight sideways action.
supports running of small break down on head and shoulders and moving up to current position and resistance similarly from the head to the current position
if we take our elliots wave triangle cycle from begining of head we are seeing a positive move from here but some may argue our wave cycle begins at the break down from previous pattern to new pattern
im most likely going to buying now and watching for break down or out. and ensuring the break has fully tested and confirm on resistance / support.
we have a small bounce zone to be caught if we break down, so there is a fail safe installed int the technical side.
i believe in XVG long term good coin!
watch the charts watch the news watch the gains
good luck ladies and gentlemen
the trading tradie...
Trade active
bollinger bands and stochastics on 5, 15, 30 looking very promising
Trade active
dare i say it?
Trade closed: stop reached
i sold at aroun 187 mark
didnt like how the chart was starting to look
also it was around 3 am in Australia and i was well overdue for that ole beauty sleep
i have moved most of my holdings into xrp pending possible launch will be watching closely
xvg may be forming a very large triangle here but i doubt it i think we may see it consol and calm down for a few whiles
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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.