XVG Technical Chart Analyze
based on this chart, XVG still consolidating since 17 August 2023 until today.
honestly, it confused me to take XVG as my trade menu. wether I take long or short, or for investment in spot.
then I compare it to XMR, the XVG looks like good oportunity to short, dump maybe happened.
but then I see some oportunity based on technical analyze, the price has driven up and formed RBS (Resistance Become Support). even its in minor trend, but it might be good change to take long.
see the chart below
XVG
1. Long (medium risk)
entry zone = 0.003268 - 0.003255
TP = 0.0035
SL = 0.003251
if hit the SL, dont be greed to re entry!! wait the price action!
2. Long (low risk)
Entry zone = 0.003102 - 0.003147
TP = 0.0035
SL = 0.003
if hit the SL, be carefull! might be dump so hard! wait the price action to re-entry!
