Description
⋅ #XVG finding support on 618 if we use 1400 satoshi as high point which is more reasonable then on highs of 2k.
Trend lines and support is there, but still a high risk trade
Comment
⋅ This wedge may end up correcting to the 618, which is not bad. It is continuing to stay in between the trend lines.
A close at the .5 would not be good and indicate market reversal.
Comment
⋅ We've had a close under the .5, it seems to be finding support at 700. Watch closely as this could turn into a good buying opportunity in my opinion.