XVG has been in news recently for all the right and wrong reasons, specially, when a target of 0.15 USD is reported as 15 USD!
Anyways, we are traders and we need to make the most out of any and every opportunity available! SO XVG will present a very attractive opportunity as we see the price retracing rapidly post the maniac of last few days.
As marked on the chart, XVG will soon enter the possible BUY area. Accumulation can be done between 0.00000710 to 0.00000610 with targets defined through Fib extensions on he chart. Stoploss can be defined around 0.00000580 (watch out for false break).
Trick is to wait for the right buy level and not jump in too early!
Happy Trading & Happy New Year :)
Anyways, we are traders and we need to make the most out of any and every opportunity available! SO XVG will present a very attractive opportunity as we see the price retracing rapidly post the maniac of last few days.
As marked on the chart, XVG will soon enter the possible BUY area. Accumulation can be done between 0.00000710 to 0.00000610 with targets defined through Fib extensions on he chart. Stoploss can be defined around 0.00000580 (watch out for false break).
Trick is to wait for the right buy level and not jump in too early!
Happy Trading & Happy New Year :)