XVG the bigger picture
XVG had a nice jump in the short term, however, if it still remains under longterm resistance. Target 236 was hit twice. If trend continues, next stop 260. A close under 222 will lead to a massive sell off.
This could be the end of the pump.
Reason: BTC must keep going for all the alts to keep moving.
If BTC falls alts drop. If BTC shoots up too quickly alts also fall.
BTC may be at a double top (bearish pattern) which will cause it to test $6411 near term. That test will drag most if not all Alts down with it.
Dont loss your profits foolishly, stay alert.
Happy Trading,
FIBAUS
This could be the end of the pump.
Reason: BTC must keep going for all the alts to keep moving.
If BTC falls alts drop. If BTC shoots up too quickly alts also fall.
BTC may be at a double top (bearish pattern) which will cause it to test $6411 near term. That test will drag most if not all Alts down with it.
Dont loss your profits foolishly, stay alert.
Happy Trading,
FIBAUS
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