$XVG Prediction! Daily chart..
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Hello Traders,
As of Late market showing sending mixed signals while BTC correcting. Altcoin market wide correction took place last couple of weeks and most coins deeply corrected! One can't be sure weather correction is fully completed or not but last few days some altcoins holding their grounds well while BTC correcting including XVG. On a daily chart $0.0018-$0.002 seems grenade proof support. Most importantly daily candle doesn't seem like want to close below $0.002 level.
When I placed Fib retracement lines , it is clear that price action following the main retracement points as it is clearly marked on the chart.
Moving Averages clearly bullish on daily timeframe while oscillators remain neutral. My favorite Chipher_B_divergence indicator flashing low green Dot! RSI indicator in the neutral zone which could mean that lots of room to go either direction.
We also have Symmetrical Triangle .As the price moves toward the apex, it will inevitably breach the upper trendline for a breakout and uptrend on rising. Traders should watch for a volume spike and at least two closes beyond the trendline to confirm the break is valid and not a head fake.
I am personally very bullish on this chart and will update this chart as we move along. We do have a different outcomes that could take a place next few months. I applied 7 different line arrows to simulate the possible price actions. Timeline is arbitrary. It could take shorter or longer time to achieve!
As of Late market showing sending mixed signals while BTC correcting. Altcoin market wide correction took place last couple of weeks and most coins deeply corrected! One can't be sure weather correction is fully completed or not but last few days some altcoins holding their grounds well while BTC correcting including XVG. On a daily chart $0.0018-$0.002 seems grenade proof support. Most importantly daily candle doesn't seem like want to close below $0.002 level.
When I placed Fib retracement lines , it is clear that price action following the main retracement points as it is clearly marked on the chart.
Moving Averages clearly bullish on daily timeframe while oscillators remain neutral. My favorite Chipher_B_divergence indicator flashing low green Dot! RSI indicator in the neutral zone which could mean that lots of room to go either direction.
We also have Symmetrical Triangle .As the price moves toward the apex, it will inevitably breach the upper trendline for a breakout and uptrend on rising. Traders should watch for a volume spike and at least two closes beyond the trendline to confirm the break is valid and not a head fake.
I am personally very bullish on this chart and will update this chart as we move along. We do have a different outcomes that could take a place next few months. I applied 7 different line arrows to simulate the possible price actions. Timeline is arbitrary. It could take shorter or longer time to achieve!
Not
Correction** I meant to type $0.00118-$0.00120 seems grenade proof support! Most importantly daily candle doesn't seem like want to close below $0.0012 level.İşlem aktif
We reached quickly to $0.00139 range but we are still not out of triangle yet. If we don't take $0.0145 and stay above on daily candle, We may or may not need to visit $0.012 levels. I still don't trust btc yet. Going up and down 10k in a hurry! Not
we had a good run towards $0.015 level but could not stay up there before daily candle closing. Volume wasn't up par with the previous rallies. Now we may or may not need to test the previous support of $0.00118-0.0012 level, If it holds, we will try again otherwise one step down towards $0.001 levels. Time will tell us. 
Feragatname
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