Xvg Btc Analysis Report

in #xvg7 years ago

xvg.PNG

Vergecurrency XVG forming a falling wedge reversal. Could be on the #verge of a huge breakout. MA or Fib levels doesn't seem to provide any support or resistance. However, a 14D MA has never been so spearheaded without bumps. Might need a catalyst which could be a price action related to $BTC. An estimate of the breakout will be somewhere in 1st week of February. Confirm the breakout by volume in case you want to play little safe (Put a conditional order at 810 when > 800).

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