The $400 zone is an important support area for XCH at the moment and a strong buying force will certainly emerge and push XCH back to the $550, $700, and $800 zones in the next few days. But if XCH loses this $400 zone, it will take a long time for us to consider buying XCH.
📈BUY
🔴Buy : 390-410$. SL if B
📉SELL
🔴Sell : 535-565$. SL if A
🔴Sell : 680-720$. SL if A
🔴Sell : 780-820$. SL if A
♻️BACK-UP
🔵Sell : 390-410$ if B. SL if A
🔵Buy : 290-310$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone