XVG - price channel trading
Updated
XVG announced new Wraith protocol for 6th November and we can already see great movement from the past few days. If we missed the train, when the price was around 80 sat, we can still benefit from this with price channel trading.
Entry point: 95 - 102
First sell target at: 125-130 (previous strong support)
Second sell target: 140 -150
NOTE:
It was delay with Wraith protocol (7.11. still no release) and price dropped like a hammer to 100 sat. Great time to accumulate more, if they will release protocol in the next few days. But please keep in mind, if the protocol will not be realesed, we can expect huge drop to 80 or even 70. Don`t forget to place stop loss!
Entry point: 95 - 102
First sell target at: 125-130 (previous strong support)
Second sell target: 140 -150
NOTE:
It was delay with Wraith protocol (7.11. still no release) and price dropped like a hammer to 100 sat. Great time to accumulate more, if they will release protocol in the next few days. But please keep in mind, if the protocol will not be realesed, we can expect huge drop to 80 or even 70. Don`t forget to place stop loss!
Note
Anything bellow 90 is an excellent buy opportunity to re-enter the trade!Note
Strong BTC is pushing the price lower.Note
Problme with coinpunch wallet, 126 millions XVG were stolen :) price dumped, my stop loss was at 85.Trade active
Crazy :)Trade active
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.