XinFin XDC/USD Potential Breakout with Fib levels
Updated
***Please thumbs up if you like the chart, really helps out loads***
XinFin/eXchange inFinite with the ticker XDC is just hovering in and out of the top 100 crypto coins and is planned to be used in its decentralized exchange/smart contracts + defi & more
TA: Looks to me like a classic breakout, low risk to reward, especially if it breaks the ATH shy of $2, just looks so straightforward here to make some quick profits in the next months to weeks. RSI is just out of the oversold area, the price is well below the moving averages but possibly some more downside if we do not break the green trendline, also put in those blue dashed rays to show previous areas of demand and support. Setting a stop loss will save you here if it does! (Hover over the green & red position area)
You can use the fib levels to see where you might want to exit depending on how diamond your hands are or greedy you want to be x
markets looking positive as I made this so looking to buy up to 10 cent looks good
NOTE: For transparency i have traded the breakout previously on this one back in August 2021, i just bought in around 80% more of what i was holding
have a great thanksgiving week ahead, don't be surprised if the markets go a bit wild around that date too
trade smart, dont risk your heart!
Big love Rowie x
XinFin/eXchange inFinite with the ticker XDC is just hovering in and out of the top 100 crypto coins and is planned to be used in its decentralized exchange/smart contracts + defi & more
TA: Looks to me like a classic breakout, low risk to reward, especially if it breaks the ATH shy of $2, just looks so straightforward here to make some quick profits in the next months to weeks. RSI is just out of the oversold area, the price is well below the moving averages but possibly some more downside if we do not break the green trendline, also put in those blue dashed rays to show previous areas of demand and support. Setting a stop loss will save you here if it does! (Hover over the green & red position area)
You can use the fib levels to see where you might want to exit depending on how diamond your hands are or greedy you want to be x
markets looking positive as I made this so looking to buy up to 10 cent looks good
NOTE: For transparency i have traded the breakout previously on this one back in August 2021, i just bought in around 80% more of what i was holding
have a great thanksgiving week ahead, don't be surprised if the markets go a bit wild around that date too
trade smart, dont risk your heart!
Big love Rowie x
Note
signs of breakout already x ill update chart when it closes aboveTrade active
We have breakout...some good fundamentals over next 48hrs, so expect prices to push up over 0.1 and beyond - cannot get better than this, few days holding and then taking profits in the next week :) happy dayz x
Trade active
looking good so far... up only :)
Note
35% Gain in 72 hours, not bad huh x
Trade active
bots cashed out ready for next leg..Trade active
First target was reached, then due to the black friday price action we are now back at the reload price, more gains to be had here i see, unless bitcoion does go parabolic, yet it has held well when it does go upTrade active
Bitcoin price action forced all the coins lower, we did hit the first profit level but maybe still holding or looking to get back in
adjusted retracement for a lower price, VixFix showing a possible bottom - could be an interesting outlier play for next weeks
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