XVG/BTC Trading Pair Breakout Point

2 בינו׳ 2018

The breakout point for XVG is quickly approaching. Using the symmetrical triangle charting method, we see an influx of pressure for XVG in the next week and a half. Huge market support for XVG under 1100, Wraith protocol release + moving trust back into the technology backing to coin gives me a 90% confidence interval that we will be moving into a bullish breakout point. I suggest trying to buy on the low end of the triangle and setting your stop loss under the bearish breaking point.

Best of luck!