XVGBTC Trend Analysis
From my TA, i think i see a continuing pattern with XVG.
There are reoccurring wedge patterns, every elliptical i put in is either a wedge that has broken out or a wedge waiting to break out.
The Fibonacci's are more or less all in the same place as the resistances.
At the moment if this candle retraces and ends under the resistance line, there may be a consolidation followed by a 50-78.6% retracement.
Later on a breakthrough to a better more supporting level, sooner or later bouncing into an ATH.
There are reoccurring wedge patterns, every elliptical i put in is either a wedge that has broken out or a wedge waiting to break out.
The Fibonacci's are more or less all in the same place as the resistances.
At the moment if this candle retraces and ends under the resistance line, there may be a consolidation followed by a 50-78.6% retracement.
Later on a breakthrough to a better more supporting level, sooner or later bouncing into an ATH.
Penafian
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