sbpw

XVG - Flat correction appears over

Lång
BINANCE:XVGBTC   None
Looks like the flat ABCDE correction is over having retraced to the .236 fib level, and the up trend has started after bouncing off trend line support (and ignoring the unusual price movement caused by the BTC short squeeze). Looking for another series of impulse waves up to around 1650 to coincide with 17th announcement. If we break upper trend line support, next major resistance is obviously previous ATH of 2000 sats. What will happen on 17th in terms of price action? Probably a correction as gains from the partnership news are already being priced in and traders will take profit. Sell the news!
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.