Technical analysis by Qaisrani-Trades about Symbol XVG: Buy recommendation (5/21/2025)
https://sahmeto.com/message/3539078
Qaisrani-Trades
Rank: 30461
Analytical Power:
1.3
XVG/USDT breakout alert
Buy
Price at Publish Time:
$0.0070488
Profit Target:
(+13.49%)$0.008
Stop Loss Price:
(-0.69%)$0.007

XVG/USDT breakout alertXVG has successfully broken out of the symmetrical triangle pattern, indicating a potential bullish continuation. Symmetrical triangles often signal consolidation before a breakout, and in this case, the breakout is to the upside, which is typically a bullish sign.As long as XVG holds above the breakout level and gains volume support, further upward movement can be expected. However, if the price falls back into the triangle range, it may turn out to be a fakeout, so caution is advised.Key levels to watch:* Breakout confirmation zone* Previous resistance now acting as support* Volume surge to confirm strengthStay alert and watch the price action closely.
Source Message: TradingView