Digi1989

Digi1989

While 97% of the top 100 coins are in the red, XVG does an impressive bounce off the .618% fibonacci. It broke through pennant which is a great sign. Lets see if it has enough torque to create new support.

Digi1989

So it fell passed the supportive area of the pennant, now what? Uhmm .. lets see how far this baby can go! lol Dont be surprised if it falls passed the cloud tagging the tip of the first wave. For traders, their stop losses were all ready tagged and now probably setting buys in all the right places :) #4thewin Consider all possibilities & manage your trade well

Digi1989

We are stiil patiently waiting for XVG to break the resistance and begin next wave. As of right now, it continues to chop within the pennant as the chops get smaller and smaller- heading towards the end of the pennant. It will have to decide whether it wants to break through for next wave or fall down into the hourly cloud for continued support.

Digi1989

- Readjusted pennant formation

Digi1989

XVG recovered quite nicely from todays dip. Now its maintaining trend and is forming a pennant. Only a matter of time before it needs to make a decision to either A) break out of resistance to make another run, or B) fall through the 15 minute cloud into the hourly cloud. - Consider all possibilities & Manage your trade well

Digi1989

XVG painting a beautiful elliot wave formation and seems to be gearing up for the next wave. It could dip down a bit more into the hourly cloud for a few more hours depending on different factors that play out. Btw, whoever set a stop loss under the green cloud (depending on range) you were most likely stopped out of the trade and either took profit if you've...

Digi1989

We anticipated the next move with XVG. Now if your in the trade, sit tight and wait for the next move as it is fighting to stay above cloud. If your not in the trade and want to get in, setting buys in the cloud isnt a bad idea, but expect choppiness if price dips deeper into the cloud.

Digi1989

It took a good run up just under 1000 sats and should be clearing it soon. However , it just broke trend and could be falling into supportive cloud soon. This is still a great hold . But again, consider all possibilities and manage your trade well. Goodnight!

Digi1989

XVG went all the way up to 888 sats and is now correcting 1hr rsi is starting to become overbought and if it continues, expect more correction. A lot of pro traders are now measuring the move and putting buy orders near or exactly at the golden ratio which is the .618% Fibonnacci. Manage your trade well and consider all possibilities.

Digi1989

Look for areas of retracement. It has already confirmed support above break out line and is now looking for new price action. If ypu pay attention to the chart, there are many areas on confluence that are pointing at specific areas of correction. Manage your trade well and if your not in this one, DO NOT FOMO- wait for the dip

Digi1989

XVG moving up and starting to leave old price behind. Here is a quick TA of XVG. Always remember to manage your trade well and consider all possibilities.