Lots of converging lines for the log chart of XVGUSD.
The RSI is approaching oversold and the 60 and 100 day moving averages look like they are about to demonstrate a cross, similar to how they did in the past exponential growth wave.
Additionally, a ton of converging trend lines are pointing to something happening in the next couple of months..
The RSI is approaching oversold and the 60 and 100 day moving averages look like they are about to demonstrate a cross, similar to how they did in the past exponential growth wave.
Additionally, a ton of converging trend lines are pointing to something happening in the next couple of months..
Commentaire:
Also, notice the declining volume in each of the past growth stages. We could be close to the end of the correction.