Quick preview of my past TA - XVG/USD Technical Analysis - Will XVG's Ground-breaking Partnership Bring us to the Moon? - 05 April 2018

Reveal spoiler

Here's the price now.

The price is still on the rise but is currently stalling at the 0.236 Fib. retracement zone.

Looking at a shorter time-frame, an obvious bullish flag pattern can be seen (supported by MACD).

However, if the channel support is broken (red box), then expect the price to go lower up to $0.75 before going up again.

There are still 5 days before the big announcement, so, expect bullish move until at least the 15th of April.

Disclaimer

This is my personal view and I don't claim it to be a professional financial guide. Your decisions are controlled by you and only you. Listen to what others say, but don’t believe everything that you hear. Research, analyze, and think. In the end, you can only thank yourself for believing in something that is true. Likewise, you can only blame yourself for believing in something that is false.

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