Ajion

Descending Triangle updated, we are still in it.

Panjang
BITTREX:XVGBTC   Verge / Bitcoin
It looks like, we did not have the momentum to truly breakout.

The triangle pattern is much more obvious now.

Point 3 is the support, Most should be accumulating here, for the expected breakout.
Not to me mention this a favorable reward/risk position.

W is key short term resistance.

Even we drop to X, i expect a decent demand to push price back to point 3.

BTC is still in play.

This will by my last XVG update, until we break out. Whichever direction.

/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/

If you want your coin to be analysed, please PM me.

Thank you,
Ajion

Thank you for your support in my efforts to better understand: financial chart behavior and Fractal Universe.

twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
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.