#XVS
The price is moving in a downtrend on a 4-hour frame
After bouncing from a major support area in green at the $9 level
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI that is about to break higher
Entry price is 9.30
First goal 10.43
Second goal 11.94
Third goal 13.38
XVSUSDT Technical Analysis Update.
XVSUSDT has been ranging for the last 560 days. We can expect a big move soon.
BNTUSDT formed a similar pattern and jumped 200%+ after the breakout.
I expect XVSUSDT to follow the same pattern.
Stop Loss: $6.05
Thanks
Hexa
On October 27th key level was lost. On November 9th buyers pushed the price above key level again, but didn't manage to hold this area. The price then found support at dynamic support (purple). There's a lot resistance ahead: key level (26.93), 200EMA, dynamic resistance (yellow dashed) and local resistance (31.98). However, the price is soon gonna get squeezed...
