A quick update video on XVS, nicely bounced from the 0.382 Fibonnaci Level to $43, now looks like a throwback to retest the trending resistance level. If we get a beautiful couple of green candles here, I may jump back in at this point.
Retest may not be complete until we dip to $34-$35 so I am keeping a close eye on the chart but looks like a classic doji...
XVS has retraced nearly 30% and has nicely bounced from the 0.382 Fibonacci level. I'm expecting it with good volume to reach $40 again. Failing that, it may retest that $35 support again before heading towards $40.
