Panjang
XDN - Closing into second bull run
XDN nearing the end of dexcending wedge pattern.
A break down through 50 moving average (yellow) will mean that we are going into demand zone (green block). If 50 sma holds, then we will break up out from wedge pattern, resulting into a large bull run.
If we go down below 200 satoshi, buy in green demand zone block. The long term trend line (green) was broken a while back, so ending up in demand zone is likely.
A break down through 50 moving average (yellow) will mean that we are going into demand zone (green block). If 50 sma holds, then we will break up out from wedge pattern, resulting into a large bull run.
If we go down below 200 satoshi, buy in green demand zone block. The long term trend line (green) was broken a while back, so ending up in demand zone is likely.
Nota
We had a good breakout. Lets see if it holds.Nota
As expected, the breakout from the wedge did not hold, and the price is moving into our buy range in the green block. I will first be waiting for a confirmation to buy. At this stage, the price is moving deeper into the block. I am expecting 140-150 to be a good target for now, however that support must hold first.Nota
Dagangan ditutup: sasaran tercapai
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.