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2W Chart, Risk|Reward, $0.015 first target

250
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.
İşlem elle kapatılmış
The ride has been fun. Time to cash out.
İşlem aktif
$0.015 still the target.
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İşlem aktif

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.