BINANCE:XVGBTC bottom of a 3 month cycle long position

21 Jun 2018

this is not trading advise do your own research BINANCE:XVGBTC what i have found on this chart is a simple look at market cycles. this can potentially be a good buying opportunity. the verge community is strong multiple 51% attacks and just all around bad news does not seam to affect this like many other coins i got into xvg before it last took off know when to take your profits this is key from a beginner gotten burned many a times. on the daily price is back to the last low before we pumped if the bulls can take the market back i feel we will see a good jump here as for the oscillators the RSI is showing oversold witch can mean we are in for more down side movement our Macd levels are looking prime for a break out in either direction as well as very tight bollinger bands forming on the daily also looks like momentum is picking up wait for conformation of break out above red resistance line for a buy if your in allready might think about selling if green support line is broken all things considered trade at you own risk hope i could help happy to see comments on the chart any good criticism is welcomed im here to learn and make money right