Verge / TetherUS
Short
Updated

XVG Looks bearish (4H)

From where we entered "Start" on the chart, XVG correction seems to have started. This correction seems to be a diametric. By maintaining the red area, it can move towards the green box.

The low risk range for sell/short positions is the red box.

Closing a daily candle above the invalidation level will violate this analysis.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trade active
After hitting the red box, it has dropped by more than 22% so far.
snapshot

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