Downtrend towards 8K. Setting up buying ladders from 9500-> 8500.
XVG looks more like a Running Flat Correction. It looks like we might be in Wave 1 of the correction. Thoughts ? Guidelines • A corrective 3 waves move labelled as ABC • Subdivision of wave A and B is in 3 waves • Subdivision of wave C is in 5 waves impulse / diagonal • Subdivision of wave A and B can be in any corrective 3 waves structure including...
XVG is tracing BTC. Briefly looked like the breakout, but looks to be part of a greater correction wave. If we don't break 1250, this could move down sub 500 sats. Watch closely.