RE: XVG / BTC TA - Verge is forming an Aggressive 9 pattern - perfect time to buy expect 400% PROFIT!
I would like to clarify, for me it's just a graph of the so-called "pump and dump coin".
Such a coin accumulates long in the lateral range, then quickly shoots up, then falls on the distribution of the accumulated coin. For example, a pair of such coins:
EMC2 https://www.tradingview.com/x/VfKEjZoB/
Ardor https://www.tradingview.com/x/s3d9iBXK/
i.e., after pump, the price returns to the previous accumulation zone. If we compare these graphs with the XVG, it is clear that the XVG is still expensive. But I do not know anything about the XVG, and one friend of mine told me to watch XVG, and I added it to the monitoring. Perhaps this is a Growing Coin, then 400 satoshi is an excellent entry point, but to understand this, you need to do a lot of research!
I agree bro, I even drawn in my graph the entry zone around 200’s but I just mistyped when writing the post.. too many windows / screens and stuff gets us confused sometimes.. and thank you again for such a great input !