After rocketing out of Resistance from the Falling Wedge, XVG found itself consolidating a bit in a Bull Triangle (bilateral pattern).
Enough Volume helped push XVG up and out of the Triangle's Resistance.
With this Volume and the uptrend of StochRSI, I think XVG will do some consolidating in the Yellow zone before testing the next Resistance Line (Yellow).
Good Luck!
Enough Volume helped push XVG up and out of the Triangle's Resistance.
With this Volume and the uptrend of StochRSI, I think XVG will do some consolidating in the Yellow zone before testing the next Resistance Line (Yellow).
Good Luck!