Last nite when $CRYPTOCAP:XPL was trading at $1.46 I gave a warning about an active RISING WEDGE breakdown going on and it's just hit its $1.18 target.
It also found support right at the TRIANGLE (broken out of which was followed by the ATH) upper trendline.
RSI is also flashing a BULL divergence (no new RSI low while price has made a lower low, to put it simply).
So, I still have orders between $1 and $1.1 waiting but I'm also tempted to open a long position.
I will risk:
LONG: $1.21
STOP LOSS: $0.935
TAKE PROFITS: $1.425 / $1.69 / $1.99
You do you, this is quite risky due to
BTC dominance being on WAVE 5, hopefully I will be able to pull up the STOP LOSS higher soon as it is a wide one, so a LOSS would be painful💙👽
It also found support right at the TRIANGLE (broken out of which was followed by the ATH) upper trendline.
RSI is also flashing a BULL divergence (no new RSI low while price has made a lower low, to put it simply).
So, I still have orders between $1 and $1.1 waiting but I'm also tempted to open a long position.
I will risk:
LONG: $1.21
STOP LOSS: $0.935
TAKE PROFITS: $1.425 / $1.69 / $1.99
You do you, this is quite risky due to
BTC dominance being on WAVE 5, hopefully I will be able to pull up the STOP LOSS higher soon as it is a wide one, so a LOSS would be painful💙👽
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Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.