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MyCryptoParadise_Nathan
Nov 14, 2023 2:44 PM

XVS/USDT Perfect Bounce. Ready to continue the upward movement ? 

XVS / TetherUSBinance

Description

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💎 XVS has indeed captured substantial attention within the market. Presently engaged in a retesting phase, XVS finds itself positioned within the demand area that previously served as a supply zone.

💎 Observing XVS during this phase reveals a potential for a rebound, especially if the daily closing candle exhibits a bullish green candle. A successful bounce from the demand area could pave the way for a notable upward surge in XVS, the probability of approaching our targeted supply area.

💎 Conversely, the unfavorable scenario comes to fruition if, during the retesting process at the demand zone of $6.26 - $5.90, XVS struggles to sustain its position and undergoes a breakdown. Should this occur, XVS would revert to a bearish trajectory, potentially retracing back to the robust support area.

Trade closed: target reached

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Boom! #XVS is doing just what we said. Up 84.05% and looking good

Comments
Stargazer_fx
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nice analysis thanks for sharing
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