Long
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 fermée manuellement
The ride has been fun. Time to cash out.Transaction en cours
$0.015 still the target.Transaction en cours
Transaction en cours
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.