Verge / Bitcoin
Singkat
Telah dikemas kini

XVG Gann Fan + Trend Analysis (SHORT)

2 817
XVG has been heavily overbought in recent past.

I believe if we break certain supporting trend lines, we could see a significant drop-off.

I would wait until we see CLEAR indications of a trend reversal before we take any positions.

Trade cautiously!
Nota
Looks like we broke the supporting trend line with confidence!

Let's see how far this will take us down.
Nota
1424 satoshis as of this time.

Current target is 1220 satoshis!
Nota
BRACE YOURSELVES. WE JUST BROKE THE SECOND SUPPORT LINE!
Nota
1070 satoshis.
Nota
889 satoshis. The plummet is happening boys.
Nota
News turns out to be staged based on numerous indications.

Whale put a massive buy wall at 650 satoshis (not on Bittrex). Other signs showing an active XVG dev team.

Potential correction?
Nota
Apparent market rejection of dropping below second support line. Looks like a correction is very plausible here.
Nota
Going to stop commenting due to the insane volatility occurring right now.

However, despite the minor bull upswings it looks like it's an overall downtrend.
Nota
syot kilat

Two remaining major support lines.

One at around 600 sats, and the other at around 250 sats.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.