XVGBTC - H&S pattern forming ?
XVGBTC pair failed to break the 64/65 resistance and started forming an H&S pattern, partly because of bitcoin's price movements.
It is still trading in this ascending triangle. The price could reach the support line so the H&S pattern completes (MACD indicates that is is likely), i.e. ~45 sats, which would still be a bullish configuration and an excellent entry point.
It is still trading in this ascending triangle. The price could reach the support line so the H&S pattern completes (MACD indicates that is is likely), i.e. ~45 sats, which would still be a bullish configuration and an excellent entry point.
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