The XVGBTC has formed shark pattern.
The XVGBTC is moving within a descending triangle since july 2017.
The support of this triangle is at 0.00000048 sats which is very firm and cannot be broken sofar.
The RSI upto week chart is already oversold and the 2 week chart’s RSI is almost near at oversold.
In the meanwhile the price action is also forming a bearish shark which can lead to huge profit possibility insha Allah.
However I would suggest to buy after atleast the MACD on week chart gives a weak bullish signal.
The XVGUSD price action is also completing the shark pattern and soon it will be entered in potential reversal zone after completing the C to D leg.
The relative strength index on week chart is already oversold.
Volume profile showing no interest of traders at this area.
And now finally the price action has entered in potential reversal zone and also hit the lower band of bollinger bands.
Soon from here the price action will take bullish divergence insha Allah.
Link of XVGBTC chart:
https://www.tradingview.com/chart/XVGBTC/BQxpAIMa-XVG-hitting-support-not-broken-since-2017-Upto-4470-profit/
Link of XVGUSD chart:
https://www.tradingview.com/chart/XVGUSD/SPVe60TA-XVGUSD-completing-last-leg-of-shark-Upto-159-profit-potential/
Previous XVG video link:
https://youtu.be/1u6QYxKVmcU
Youtube channel for signals and trading educational videos:
https://www.youtube.com/moon333
Facebook page for signals and trading educational videos:
https://m.facebook.com/Moontriple3
Telegram signals:
https://t.me/moontripple3
Link for best crypto trading exchange:
https://www.binance.com/?ref=11256882
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