We are above the 20d and 50d ma and broken up the 4hr resistance line. Had confirmation of 2 x 4hr candles, but see a bearish engulfing 4hr candle.
What to see if there is a bearish confirmation to signal false breakdown. If not, could be a good buy signal as XVG breaks out of downtrend.
What to see if there is a bearish confirmation to signal false breakdown. If not, could be a good buy signal as XVG breaks out of downtrend.