XRDLong
Buy XRD/USDT W1-D1 (TF = 2-3 months)
Updated
Buy XRD/USDT (spot: Bitfinex, Gate, Kucoin)
entry: current price (0.042-0.043)
target: 0.11-0.17 (incremental fix)
invalidation: close below 0.033 on TF D1
FA/events/news: upcoming major release called "Babylon" in June 2023
TA: After slow bleeding in summer 22, XRD witnessed seller's capitulation in the end of Nov, 22 on high volume.
In Jan, 23 higher high (HH) was printed (obviously, it was a resistance at 0.06).
Then, we saw a successful retest of support (0.035-0.037) in March on high volume with higher lows.
RSI on W1 is trending up.
Overall narrative is also positive.
So, I don't see any selling pressure until 0.11-0.17
Decent R/R trade.
entry: current price (0.042-0.043)
target: 0.11-0.17 (incremental fix)
invalidation: close below 0.033 on TF D1
FA/events/news: upcoming major release called "Babylon" in June 2023
TA: After slow bleeding in summer 22, XRD witnessed seller's capitulation in the end of Nov, 22 on high volume.
In Jan, 23 higher high (HH) was printed (obviously, it was a resistance at 0.06).
Then, we saw a successful retest of support (0.035-0.037) in March on high volume with higher lows.
RSI on W1 is trending up.
Overall narrative is also positive.
So, I don't see any selling pressure until 0.11-0.17
Decent R/R trade.
Trade active
Pretty huge move upwards as expected.I've fixed 30%.
Trade active
Trade closed manually
30% closed with limit orders (0.00000450-500 range - XRD/BTC market).The rest - 0.09-0.01 manually.
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