Question: Why?
Answer: Because of the triangle, because of the triangle tip. The triangle is a pattern where the price could make pretty big moves after the breakout. If the price approaching the triangle tip, then the price is smashed together and it will be ready to explode.
Currently, XVG is ready to make a move AFTER You have seen a candle close above the triangle upper trendline, SIMPLE as that - wait for a confirmation and it should be at least 4H candle close above the triangle!
The targets are the orange horizontal lines!
Please, do not forget to support my idea post by hitting the "LIKE button!
Thank You very much!
Have a nice day!
Cheers!
*This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
BTC Analysis:
Answer: Because of the triangle, because of the triangle tip. The triangle is a pattern where the price could make pretty big moves after the breakout. If the price approaching the triangle tip, then the price is smashed together and it will be ready to explode.
Currently, XVG is ready to make a move AFTER You have seen a candle close above the triangle upper trendline, SIMPLE as that - wait for a confirmation and it should be at least 4H candle close above the triangle!
The targets are the orange horizontal lines!
Please, do not forget to support my idea post by hitting the "LIKE button!
Thank You very much!
Have a nice day!
Cheers!
*This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
BTC Analysis:
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.