Confluence among Trend-based & Retracements Fibs for $XVG #Verge
I know this one is a busy chart. Hopefully it is not headache inducing.
I'm interested in that small white shaded rectangle. You can see it's an area where there's confluence among the following:
1. Red Trend-based fib projection on the entire history of XVG's price
2. Orange Fib Retracement on the 2018/19 bear market
3. White Fib Retracement on XVG's most recent run
I'm not sure which of these tools are the best to use and on what time frames. But it's nice to see some confluence here.
What do you think? I'm interested in your thoughts.
I'm interested in that small white shaded rectangle. You can see it's an area where there's confluence among the following:
1. Red Trend-based fib projection on the entire history of XVG's price
2. Orange Fib Retracement on the 2018/19 bear market
3. White Fib Retracement on XVG's most recent run
I'm not sure which of these tools are the best to use and on what time frames. But it's nice to see some confluence here.
What do you think? I'm interested in your thoughts.
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