Long

XVSBTC Potential Breakout 122%

Updated

XVSBTC has broken the 100 day moving averages and is now attempting to break out of the down channel...rsi is at ath and macd is preparing for its first move into positive territory...so, if a breakout occurs, i would expect a pullback (from approximately 0.00002400) soon after to retest the 100 day and the top of the channel...if both hold, then the 0.00001800 region would be a good buy price...initial target is 0.00004000 (122%)...from there, we play it by ear...being a new pair, there is no telling where this one can go...IT'S YOUR MONEY, DYOR!!

Note

Target reached...did not expect such an explosive initial breakout...consequently, price did not quite make it back to retest 100 day avg...not a total victory, but i'll take it

Note

A better look at the current lay of the land...make of it what you will

Note

updated view of channel...current target is 0.00006000-0.00006200

Note

target reached...(btw i realize that i have been adding an extra leading zero on the prices, sorry for any confusion)

Soul_Cancer

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.