XVG is obeying Elliot Waves nicely. Right now we're at the bottom of wave 4. Profits may hit 50% or so. The blue diagonal line was an old broken support line which seems to provide loose resistance. Hopefully RSI swings above 50 and MACD keeps trending up. If you're looking short term try, I would set stop losses if we break the diagonal blue line as the corrective dips have been fairly aggressive. Personally, i'm long on XVG. Hoping and wishing for a rocket!
Comment:
Typos are annoying... *If you're looking short term, I would set a stop loss*