XVG is forming a Descending Wedge after its recent decline in price! This tells us that we should buy now!
Descending Wedge usually forms when the price can not decline further or the sellers are exhausted (for now), and the momentum is not enough to make the price cheaper.
BUY: Price Range at the bottom of the wedge.
CUT LOSS: If a candlestick closes below the bottom of the wedge.
PROFIT: AROUND 1000 SATS.
This is my personal opinion on XVG/BTC. This is not an investment advice.
Trade at your own risk! :)
Goodluck!
Descending Wedge usually forms when the price can not decline further or the sellers are exhausted (for now), and the momentum is not enough to make the price cheaper.
BUY: Price Range at the bottom of the wedge.
CUT LOSS: If a candlestick closes below the bottom of the wedge.
PROFIT: AROUND 1000 SATS.
This is my personal opinion on XVG/BTC. This is not an investment advice.
Trade at your own risk! :)
Goodluck!