artgen567

XVG - Short term long

Long
artgen567 Updated   
BINANCE:XVGBTC   None
Just publish XVG short term long.

You know about my short position on this market on middle term. But now we have a chance to see rebound from the flat dip.
Why? Stoch RSI now ver oversold, RSI also on critical support level. I publish specially dayly chart to show you this global view.

It will start this rising after 5-7 days.
Can we see 580-620 ? Yes. But despite on bearish market now it loooks like XVG ready to do B correction point.

I will keep you informed of both my positions, both short and long.
The additional news is that the current channel will soon stop working and we will have to form a new look for the downward movement after wave B.

Write comments about it and questions welcome!


Comment:
Super tight BB on 1H
Trade active
Comment:
Price moves nicely. Now we have 4 wave and can get correction till 880s.
Comment:
Nothing interesting, just regular update. If price broke 835 - next support 723-763.
Trade still active, while 800 not broken.
Comment:
Trade still active. Update target level at 2400. Waiting for new bull run on this week. Or this is all crypto market trap.
Comment:
Trade closed manually:
Move open position zone to 725-735
Comment:
Just some update

Comment:
Breakout of main bearish resistance line

Trade closed manually:
Week before
Comment:
Moving to 369 reversal zone.
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