XPR another low ranked coin @ 438 has a nice clean chart.
Its been fairly battered through the bear market losing 95%.
On the way down rejected the 1:0.618 extension and now sits plumb on the 1:1.
Plenty of bullish RSI divergence coming in from May low.
I've put some targets on this chart and its similar with the other charts i've made already I just didn't put them on yet.
This should at a minimum get up to the 0.5 retracement which would be a x4.
But I really expect this to challenge the blue shakeout reversal zone for a x6 - x10.
And who knows it may make a higher and i will track progress with BTC.
Not advice
Its been fairly battered through the bear market losing 95%.
On the way down rejected the 1:0.618 extension and now sits plumb on the 1:1.
Plenty of bullish RSI divergence coming in from May low.
I've put some targets on this chart and its similar with the other charts i've made already I just didn't put them on yet.
This should at a minimum get up to the 0.5 retracement which would be a x4.
But I really expect this to challenge the blue shakeout reversal zone for a x6 - x10.
And who knows it may make a higher and i will track progress with BTC.
Not advice
Nota
XPR is printing a tight contracting shape here whereas before it was fairly lose.Good chance this is a bull flag and a big PAMP coming.
I've added to my position from profits taken elsewhere.
Nota
Can you see?Nothing is guaranteed of course, but looks like this is the cause (pressure) to release the effect - an impulsive wave.
Nota
Up we go.Nota
Good progress from XPR and its just gone passed resistance. Could be a flurry upward or perhaps it will fall back with BTC. Either way its looking good for when BTC does eventually move.Nota
Ok I have exited half my position. Its hit the 1.618 and its also a resistance point.I know i know i'm sorry😟, but it looks like a good level to TP and I can re-cycle profit into an alt that hasn't popped.
Your FA guru can't read a chart💭
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I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
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Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
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.