#Accumulation_Recomendation
Pair : #XVG / #BTC
RSI : 56
Note : #XVG is on a very good bullish setup and forming a bullish engulfing candle stick in the 4H chart. The already formed falling wedge seems to be broken out and seems we are having a good spike from XVG. Volume looks good in addition to EMA is below the price. Both MACD and RSI are on favor of the bulls.
Accumulation Area : 110 sats - 115 sats
Distribution Area
Short Term:
Target 1 : 121 sats
Target 2 : 128 sats
Target 3 : 134 sats
Target 4 : 140 sats
Target 5 : 148 sats
Target 6 : 158 sats
Stop Loss : 100 sats
Risk : Medium
Capital Accumulation : 4%
Pair : #XVG / #BTC
RSI : 56
Note : #XVG is on a very good bullish setup and forming a bullish engulfing candle stick in the 4H chart. The already formed falling wedge seems to be broken out and seems we are having a good spike from XVG. Volume looks good in addition to EMA is below the price. Both MACD and RSI are on favor of the bulls.
Accumulation Area : 110 sats - 115 sats
Distribution Area
Short Term:
Target 1 : 121 sats
Target 2 : 128 sats
Target 3 : 134 sats
Target 4 : 140 sats
Target 5 : 148 sats
Target 6 : 158 sats
Stop Loss : 100 sats
Risk : Medium
Capital Accumulation : 4%
