Long

Updated

XPR (Proton) Weekly Double Bottom

Analysis: XPR (Proton)
Proton is an altcoin available on multiple exchanges i.e. Kucoin & OKEX mainly
protonchain.com/
coinmarketcap.com/currencies/proton/
Also available on Pancake swap ( pancakeswap.finance/info/tokens/0x5de3939b2f811a61d830e6f52d13b066881412ab )

The weekly chart is showing a massive double bottom with likely target of $0.02 being tested quite soon (200+%)
The weekly setup alongside solid fundamentals is quite bullish 🔮🚀
Time shall tell exactly how high this coin could go! 🙏🔮
Likely to test that weekly pivot before years end (December) however it has been picking up steam lately & may attempt a move earlier 🙏🚀

$OKEX:XPRUSDT
$UNISWAP:XPRUSDT

Note

hmm

Note

Looks like we could be getting ready for a retracement for a while here

Note

Proton (XpR) Daily CCI (Commodity Channel Index) MAJOR bearish div.............. (Both local and macro)

Note

Daily RSI showing Pullback in the cards as well

Note

^Hidden bear div at the moment, which could quickly turn nasty

Note

Money flow Index showing signs of hidden bearish pressure on the rise

Note

^It has Bearish divergence, and is hinting towards an incoming downswing*

Note

Fisher transform showing signs of over-extension which could mean we get some more upwards momentum before the inevitable correction

Note

^also notable is some extended hidden bearish divergence

Note

The zero-lag MacD is literally begging to drop, & when it does... It'll hurt..
Also as most don't notice, there is bearish divergence on the histogram

Note

Related charts are scattered throughout this idea:

RandomOracle

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

RandomOracle

Also on: