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XVG breakout possible March 9-10th
XVG breakout possible March 9-10th
Newbie here, but after observing a falling wedge formation and other indicators lining up I believe a breakout UPWARDS is possible.
Not entirely sure how big of an upswing we're looking at here, just thought I'd share my thoughts for if/when a breakout could POSSIBLY occur.
Thanks for viewing, and please share your thoughts with me as well! Cheers :)
Newbie here, but after observing a falling wedge formation and other indicators lining up I believe a breakout UPWARDS is possible.
Not entirely sure how big of an upswing we're looking at here, just thought I'd share my thoughts for if/when a breakout could POSSIBLY occur.
Thanks for viewing, and please share your thoughts with me as well! Cheers :)
Nota
Just realized that I should've probably drawn this wedge since the ATH at 1970 sats, but I'm still hoping for some sort of action out of this triangle on the 9th or 10th.Nota
.786 Fib is actually at 460 satoshi with the FULL falling wedge from 1970 ATH.Nota
It has bounced off the .786 at 460 sats. Let's hope this holds and that a further retracement is out the question.Nota
Support broken. Next area of key support would be in the 350 sat range if we're continuing this downtrend.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.