Updated
XVG On the verge of....falling some more
Right now the price is residing in an ascending triangle overall but currently its forming another falling wedge and trending down through a bearish channel.
Stochastic is overbought from the previous rally and is equalizing.
RVI is moving up an ascending channel and signals we may have some price movement upwards in the short term.
Twisting on the kumo tells us the price will be looking to stabilize in an upward direction after finding support.
Stochastic is overbought from the previous rally and is equalizing.
RVI is moving up an ascending channel and signals we may have some price movement upwards in the short term.
Twisting on the kumo tells us the price will be looking to stabilize in an upward direction after finding support.
Note
Price fell to ~764 before reversing and breaking to the topside of the triangle. Roughly a 10% bounce
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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.