When Monthly Fires Green. (XVG)
Clear trend from the first major bullrun as it hit green consistently and ever since then we have had red monthly close for 2 and half years!
With cryptocurrency alt coins you really want to utilize big timeframes like the weekly and up for major turning points.
For best multi year cycle placements you want to look at the monthly for a long term hold.
I am just waiting for this one to Crossover and fire green on the monthly for a long term hold placement.
Let this be an example that sometimes it's better to wait for the long market exhaustion points and trade less.
Especially with altcoins.
Have an awesome day! 😁
With cryptocurrency alt coins you really want to utilize big timeframes like the weekly and up for major turning points.
For best multi year cycle placements you want to look at the monthly for a long term hold.
I am just waiting for this one to Crossover and fire green on the monthly for a long term hold placement.
Let this be an example that sometimes it's better to wait for the long market exhaustion points and trade less.
Especially with altcoins.
Have an awesome day! 😁
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