Alright, so on December 24th I predicted a crash in XVG, which was for the most part correct (despite some minor bulltraps):
However, given some indicators and analysis of the order books, I think it's quite very possible that this is the end of the correction.
We broke a massive supporting trendline , and on top of that we just had a confident 1/1 retracement breakout.
RSI levels looking healthy, and it looks like this is the bull run that many were looking for.
Given the very apparent volatility of this coin, please trade cautiously.
(USING 4 HR CANDLES!)
However, given some indicators and analysis of the order books, I think it's quite very possible that this is the end of the correction.
We broke a massive supporting trendline , and on top of that we just had a confident 1/1 retracement breakout.
RSI levels looking healthy, and it looks like this is the bull run that many were looking for.
Given the very apparent volatility of this coin, please trade cautiously.
(USING 4 HR CANDLES!)
Comment:
Can we break past 1050 resistance with confidence?