XVS Trade setup
XVS fell hard through the uptrending support 3 hours ago. And now keeping above the current 0.5 fib support for a while, then I would buy a bag. There are additional horizontal support lines drawn in yellow. $3.2 range is a very strong 0.618 fib support. If XVS doesn't honor that, we may see it fall below $3 until $2.8
If XVS keeps above the current levels I will get a bag and will wait until it hits the next resistance at $3.8. Be careful at the horizontal and trending resistance lines
If XVS keeps above the current levels I will get a bag and will wait until it hits the next resistance at $3.8. Be careful at the horizontal and trending resistance lines
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.