XVS is showing potential for a bullish reversal🚀

3 Apr

💎 Paradisers, #XVS has recently formed an inverse head and shoulders pattern, signaling a potential bullish reversal in the near future.

💎If #XVS/USDT manages to break out above the resistance level, we can anticipate a bullish movement towards the subsequent resistance levels.

💎In the event of a pullback, we may witness a bounce from the bullish OB (Order Block), albeit it may be relatively minor. Therefore, it's advisable to consider smaller targets and possibly trail some positions.

💎However, if the price breaks below the bullish OB, it may be interpreted as a bearish signal. Nonetheless, given the current bullish trend, I recommend disregarding this scenario for the time being and focusing on bullish opportunities until a clear bearish trend emerges.