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