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Christians_SKS

XVG/BTC Decreasing Downward Momentum Symmetrical Triangles

Christians_SKS Aggiornato   
BINANCE:XVGBTC   None
Trend Analysis Harmonic Patterns Chart Patterns
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trendanalysis harmonicpatterns chartpattern
I don't expect XVG going down further than to the 680-690 level. Then there might be a big spike up. The volatility seems to be decreasing, this might be some kind of accumulation before the breakout.

A am already in a long trade and might stay in. Have to think about my stop loss...
Commento:
It's also possible that the symmetrical triangle breaks to the upside... The probability is just lower.
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