2W Chart, Risk|Reward, $0.015 first target

If we zoom out and look at the macro trend there is evidence to suggest that we are in the start of a bullish cycle. XVG has already increased by roughly 400% from the capitulation wick down. We are currently finding support from the resistance we crossed at $0.004 and should expect another move up after consolidation. The 2W candle has closed above the 20MA and the next target is the 50MA, on a larger macro move. We could eventually go as high as $0.025 before getting rejected back down. Using the Risk:Reward metric will allow for trades where the upside is reasonable and the downside is manageable. Trade safely.

Trade chiuso manualmente

The ride has been fun. Time to cash out.

Trade attivo

$0.015 still the target.

Trade attivo

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