Technical analysis by TheSignalyst about Symbol XVG: Buy recommendation (6/7/2025)

TheSignalyst

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.📈XVG has been overall bullish trading within the rising channel marked in blue and it is currently retesting the lower bound of the channel.Moreover, the red zone is a strong structure.🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of structure and lower blue trendline acting as a non-horizontal support.📚 As per my trading style:As #XVG approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)📚 Always follow your trading plan regarding entry, risk management, and trade management.Good luck!All Strategies Are Good; If Managed Properly!~Rich