What a beautiful month for XVG guys! we broke out of the triangle with nice and the price is above 50MA & 100MA. I decided to not focus on the wicks to get a much better view on what’s going to happen. We are forming an (indicated in white) as you can see, which is . to complete this XVG needs to stay above 170 sat for the next 2 weeks. expect a rally if we close a dailycandle above 183.
Our first target should be around 211 sat
2 reasons to sell at 211: our highest candle since 7th of November last year closed at 211 and the 200MA (blue line) will be around that price too in 2 weeks.