i want be clear on this analyse because that one is very simple if you play it on Long Term.
You can Compare directly XVG to ZIL ( because Zil mooned days ago ) + i am checking XVG from ages.
i used Bittrex Exchange because XVG is listed from long time on it, so my indicators are more accurates.
i used only ichimoku cloud + 3EMAS 50/100/200 (Green/Orange/Red).
Don't forget this analyse not including BTC movements and like 99% of the time, if BTC dip hard XVG won't support his uptrend and crash with BTC.
but we have signs off a Rocket mod...
So XVG Broke the first soft resistance on EMA50 (Green Line) and passed 60 Sats.
Now XVG is trying to break EMA100 (Orange Line) to enter ichimoku red cloud around 108ish Sats.
if this one can be broken surely XVG will go retest EMA200 (Red Line) around 150 Sats.
So if we breaks 150 with a strong breakout, we will be in a free rocket mod and i can see XVG going to 1000 Sats and here we have old resistance on ichimoku cloud and we can see it clearly.
i want to tell you all that this is not a recommendation of buying XVG because it's still dangerous to invest, don't fomo to fast, wait for breakouts,
invest the money you don't need for living always!
i will add far view on XVG to show everything clearly.
Happy Tr4Ding and Stay S4fu !
You can Compare directly XVG to ZIL ( because Zil mooned days ago ) + i am checking XVG from ages.
i used Bittrex Exchange because XVG is listed from long time on it, so my indicators are more accurates.
i used only ichimoku cloud + 3EMAS 50/100/200 (Green/Orange/Red).
Don't forget this analyse not including BTC movements and like 99% of the time, if BTC dip hard XVG won't support his uptrend and crash with BTC.
but we have signs off a Rocket mod...
So XVG Broke the first soft resistance on EMA50 (Green Line) and passed 60 Sats.
Now XVG is trying to break EMA100 (Orange Line) to enter ichimoku red cloud around 108ish Sats.
if this one can be broken surely XVG will go retest EMA200 (Red Line) around 150 Sats.
So if we breaks 150 with a strong breakout, we will be in a free rocket mod and i can see XVG going to 1000 Sats and here we have old resistance on ichimoku cloud and we can see it clearly.
i want to tell you all that this is not a recommendation of buying XVG because it's still dangerous to invest, don't fomo to fast, wait for breakouts,
invest the money you don't need for living always!
i will add far view on XVG to show everything clearly.
Happy Tr4Ding and Stay S4fu !
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Far View.
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Monthly MACD
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Retracing
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Medium buy Zone 60
Safe buy Zone 50
Before that have no buy zone no matter if pump again.
Safe buy Zone 50
Before that have no buy zone no matter if pump again.
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entering buy zone.
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Back to 62 Sats + Volumes Growing.
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68 Sats. Adapted EMAS to the trend.