blockchaindedi

$XVG/ / $BTC Update Long Signal

Long
blockchaindedi Updated   
BINANCE:XVGBTC   None
XVG is one of the most shittiest coins out there. This coin has partnered with PornHub and it responded with massive dump. Looks like the market didn't really like the partnership. Plus Verge has been a victim of 51% attack, what a shame.

All I depend the price is based on technical part which the support quite hold on this bear market around 190 - 250 is a great buy for first entry. R:R quite good, but there is also a chance to break the support right now if something towards Bitcoin price due to volatility on these recent days. I expect to enter the second entry around 50-75 sats.

Above all please consider this is a not strong analysis which only based on technical pattern and indicators with shady price action stuff. XVG Long!
Trade active:

Nice small pump, the RSI started to rounded and gain mass.
Comment:

still flat around buy zone.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.