Long
XVG Is About to Go Parabolic
I'll make this quick!
When rsi has reached over 60 xvg has made big moves up
This is the third time we try to break the rsi resistance as well as the 55 ema in the last 30 days
The way the 55 ema is flattened looks very bullish to me
I see this breaking above it and making a huge run
This looks like a bottom to me
If we can break above 240 and stay above the 55 ema I would definitely call that a buy signal
We are going to want to see large volume as well, don't forget that
When rsi has reached over 60 xvg has made big moves up
This is the third time we try to break the rsi resistance as well as the 55 ema in the last 30 days
The way the 55 ema is flattened looks very bullish to me
I see this breaking above it and making a huge run
This looks like a bottom to me
If we can break above 240 and stay above the 55 ema I would definitely call that a buy signal
We are going to want to see large volume as well, don't forget that
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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.
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.