XVG waiting to break out

BINANCE:XVGBTC   Verge / Bitcoin
288 6
I am new to charting and it is the first time I ever trust myself to post this.
I think the triangle is waiting to be broken in the bullish direction.

What do you say?
I think once BTC stops being bearish, XVG will climb like nothing else.
+1 Antworten
mdrMcMohan julzilla
@julzilla, why is it dependant on BTC? I am quite new here so please forgive my ignorance :P.
Is XVG a hold or a swing trade coin in your opinion?
boarding2008 mdrMcMohan
@mdrMcMohan, at the moment, if you have XVG, HODL.

BTC dictates what the rest of the market does overall. If BTC is bearish, most others will be as well. If you cycle through alts right now, youll see very similar charts throughout. When BTC is bullish or semi-neutral then confidence is restored and alts do well.
mdrMcMohan boarding2008
@boarding2008, thanks for your answer. Makes sense. How long would you suggest to HODL XVG?
boarding2008 mdrMcMohan
@mdrMcMohan, thats person to person. I have a decent bag of xvg and plan on HODLing for a while (few months or until im happy with my gains)
mdrMcMohan boarding2008
@boarding2008, thanks
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