Once again, XVG is looking like a good buy. Hype is down, MACD ,Accum/Distr, and Chaikin Money Flow indicators shows reversal signs. Will enter at 1150 with buy orders at 1100 and 1000 with stop-limit 900-1050. Happy Trading Crypto Fam!
Trade open bought at 1138 while my open orders at 1100 and 1000 hit. The average price for my XVG position was 1073 satoshis.
Buy order at 900 hit during BTC rally and ALT coin FUD. The Average price for my XVG is now 1038 satoshis. My TP will be lower since BTC is rallying but I will still look to make solid return.
XVG is holding strongly on the 900 satoshi level even during Wraith FUD, this is the time to accumulate XVG in order to supply at a higher level once it increases in valuation. The Money Flow Indicator shows XVG is over sold, the MACD shows there is much room to go up and a Flattened Accum/Dist. line shows that even if price is going down, many investor and traders are hodling giving us a bullish sentiment.
Korean Exchange UBit adds XVG, expect Kimchi Premium. Ichimoku cloud twist. Expect a lot of noise intra-day, definitely uptrending now.