anthoriosanto
Long

XVG/BTC, consolidation before a new bull run

BINANCE:XVGBTC   Verge / Bitcoin
Hi guys !

XVG's chart looks really like Bitcoin chart !

Since this summer, a consolidation is active in the 195-260 sats range. We looks like at the end of a new bull flag . XVG should follow the rhythm and ready for the "ALT season".

An other good thing is the Ichimoku Cloud , we started to switch on green and the lagging span (bold black line) is still in the cloud :



Wait and see, but XVG is a famous coin and many people follow him.

Thanks for your time !
Thanks to @eduardokaykedasilva to ask me on XVG chart.
Trade active
Trade active

Top graphic. I think I'll do more research on the clouds! I see a lot of traders using it but I do not know how to use it. Haha ha. Thank you for taking my order!
+1 Reply
anthoriosanto eduardokaykedasilva
@eduardokaykedasilva, Thanks.

Looks at this : https://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:ichimoku_cloud

Ichimoku is really useful, because it use the past to see the futur with different period. It's a very famous and old indicator ;)
+1 Reply
eduardokaykedasilva anthoriosanto
@anthoriosanto,
Thank you! I'll see if the next graphics already use the clouds! I will strive to learn!
Reply
eduardokaykedasilva anthoriosanto
@anthoriosanto,

I had used ABCD Pattern. What do you think?
Look at the resistances.

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