Here we are analyzing XVG on a daily chart, see how historical prices actions are repeating themselves beautifully!
A falling wedge pattern is formed which is a bullish formation.
Just see how we formed a top 2 times, RSI being over bought, then slowly cooling off from the rally, RSI decresing, a small pump then a drop, and then a new cycle!
Howeverr, before XVG takes off there is a possibilty that XVG falls of to 440 sats level. Therefore i recommend to place stop losses and take profits optimally.
Happy investing1
A falling wedge pattern is formed which is a bullish formation.
Just see how we formed a top 2 times, RSI being over bought, then slowly cooling off from the rally, RSI decresing, a small pump then a drop, and then a new cycle!
Howeverr, before XVG takes off there is a possibilty that XVG falls of to 440 sats level. Therefore i recommend to place stop losses and take profits optimally.
Happy investing1