XVG was inside a Bullish Pennant (or symmetrical triangle) but unfortunately it broke bellow:
After dropping bellow the support line it made its way near it again, making it a Falling Wedge which means trend will be reversed after a breakout on the top line.
We could see another bounce inside the channel! So buy the dips!
Vergen is a good coin and if you Hodl you'll get rewarded.
Patience is a key to this market!
Trade safe!
After dropping bellow the support line it made its way near it again, making it a Falling Wedge which means trend will be reversed after a breakout on the top line.
We could see another bounce inside the channel! So buy the dips!
Vergen is a good coin and if you Hodl you'll get rewarded.
Patience is a key to this market!
Trade safe!
액티브 트레이드:
Longer TF (1H) to show the old triangle and the new wedge with more detail, rather than then 1D TF I used at first!
Longer TF (1H) to show the old triangle and the new wedge with more detail, rather than then 1D TF I used at first!
코멘트:
More fall to come, on this 1H chart if XVGBTC breaks inside the cloud it could be a bad sign..
More fall to come, on this 1H chart if XVGBTC breaks inside the cloud it could be a bad sign..
코멘트:
On an higher TF of 12H (The longer the TA the better the Ichimoku works) we see a big drop of the Tenkan.. Price is trying to get inside the cloud (Cloud > Price..)
On an higher TF of 12H (The longer the TA the better the Ichimoku works) we see a big drop of the Tenkan.. Price is trying to get inside the cloud (Cloud > Price..)
코멘트:
Price drop continues as predicted
코멘트:
Price continues to fall (as predicted) lets see if it breaks bellow the cloud on 2H TF (most likely it will!)
Price continues to fall (as predicted) lets see if it breaks bellow the cloud on 2H TF (most likely it will!)
코멘트:
More price drop to come, Ichimoku shows bearish!
Buy the dip!
More price drop to come, Ichimoku shows bearish!
Buy the dip!
매매 수동청산:
Sorry to inform but this Idea will be closed so I can turn my attention to BTCUSD.
Trade safe!
Trade safe!
Indeed, XVGBTC bounced downwards. If it breaks bellow the yellow support of the wedge be careful!! (Don't get fooled by a false breakout!)
Buy the dip!
Trade safe!