XVG/BTC (Testing Weekly Key Level Support)
💎Technical Analysis Summary💎
BINANCE: XVGBTC
-VERGE has been trading inside this descending channel for quite some time now
-The price is already back at its key level of support on the weekly chart
-For the 1st time, last week's candle is green which shows a weakening selling pressure
-But this is still not enough to change the bigger trend
-XVG needs to break above this channel resistance and consolidation for a few days
-From there, the Bullish scenario will increase and the risk will be reduced
A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
BINANCE: XVGBTC
-VERGE has been trading inside this descending channel for quite some time now
-The price is already back at its key level of support on the weekly chart
-For the 1st time, last week's candle is green which shows a weakening selling pressure
-But this is still not enough to change the bigger trend
-XVG needs to break above this channel resistance and consolidation for a few days
-From there, the Bullish scenario will increase and the risk will be reduced
A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.