Update on XVG/BTC Technical Analysis
Bulls are still defending ascending trend line. The candle we are looking at now happens to be at a strong support line ( Light Blue Line) that has been present for months. Plus the ascending trend line it is on as we speak (Green Triangle). A few other stuff I wanted to mention. I did not chart it out but it is also at a...
Here you have a 5 month traditional Bear flag. Oscillators looking over sold, and so far the bulls have defended the 5 month ascending trend line. I was observing the depth chart, buy and sell walls last night. I put a few order in at these aggressive levels, with a tight stop limit. If it breaks this pattern to the down side, we most likely will see a wrecking...