XVGBTC - Binance - 4h - Formation Shark,Crab, and finally Cypher
XVGBTC pair shows formation Shark,Crab, and finally Cypher patterns.
Crab is completed and provided retracement of 127 extension.
While during this Cypher patterns started and reaching to completion point D, which provides good buying opportunity.
While this is happening, I will still wait for stop hunters to make the price below X leg of cypher as this is a good opportunity to get profit on 382 retracement of CD cypher leg !!
Bullish divergence observed on Mcad while RSi is still not showing oversold.
XVGBTC pair shows formation Shark,Crab, and finally Cypher patterns.
Crab is completed and provided retracement of 127 extension.
While during this Cypher patterns started and reaching to completion point D, which provides good buying opportunity.
While this is happening, I will still wait for stop hunters to make the price below X leg of cypher as this is a good opportunity to get profit on 382 retracement of CD cypher leg !!
Bullish divergence observed on Mcad while RSi is still not showing oversold.