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💙👽
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.