SpartaBTC

XVG / BTC Cup may be forming. Potential 180%. Pivot Points

SpartaBTC Updated   
BINANCE:XVGBTC   None
XVG / BTC Cup may be forming (concave bottom). Depth 300%. Perhaps the price is now at the beginning of the 3rd phase of the formation of this formation. If we assume that this formation will continue to form, then we see that at the end of phase 2 there is a large volume.
Potential up to figure resistance + 180%.

Pivot points and movement options I showed on the chart.

Target are all on the chart.
If the “Cup” figure is formed further, then the first goal is the resistance of the cup + 180%. Further, how the price will react to resistance.

Stop loss
Under key support levels during your entry into the market.
Do not forget to move Stop Loss during the price increase, but take into account the volatility of the coin.
Comment:
Price moves sideways, but support remains. Perhaps an upward movement will begin from this price range.
Comment:
Trade closed: target reached:
+ 90% from the entry point. The price movement continues.
Trade closed: target reached:
+ 135% Downlink. Potential reversal area.

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