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Cup and handle XVG

109
Short term bounce for a cup and handle setup in XVG. Be aware if BTC is tanking the trade may not work entirely.
If you want an early bird entry 1235 to 1250 is a very good entry if the price is pooling back to Tenkan Sen level which is 1235. Now it can go lower if both Tenkan Sena and Kijun Sen stay flat but the risk to reward is of course greater.
A safer trade with volume is Entry: 1335, stop: 1245, target: 1480
$BINANCE:XVGBTC
Not
Update: the cup and handle patterns has been invalidated, apparently we are in a down trend channel and we could go higher possible break out.
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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.