A potential Adam & Eve bottom forming on the XVG chart. A breakout and retest 161 sats with volume would be the entry. If you're a degen like me, you're already in.
Note
BTC didn't cooperate and took the whole market down with it. The A&E might not play out but looks like a double bottom has potentially formed.
Again, everything depends on what BTC does, but I think XVG has found a local bottom.
Trade active
It looks as if that indeed was the local bottom. Testing the 161 sat resistance now. Same game plan as before. Look for a break of resistance with volume and a retest.
Trade closed: target reached
Going apeshit. It won't be testing that 161 sat resistance as support anytime soon. Enjoy the ride.
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