EXPUSD - Falling Wedge BottomA large falling wedge encompassing a long bear market
Price could be nearing the end of the bear market as it nears the end of the falling wedge
Bottom is yet to be found, but the falling wedge is there
EXPUSD
2021-01-31 (SUN), EXPUSD TARGET IS @ $9 ATH AND MORE. HODL!EXPUSD will surprise a lot of people with its hidden security role in the blockchain space. It only takes one VIP figure or two VIP figure to appreciate about EXPANSE's existance.
2021-01-24, EXPBTC the day is getting closer each time.EXP is on its own Dapps blockchain which is at the moment non-DeFi, non-ERC, non-UNISWAP as well as non-USDT pairs. This have very much became less available on other market except on Bittrex.
Reversal Soon - BullishA Harami Cross appears on a 30 minute chart giving a Signal to BUY!
Reversal soon.
BITTREX:EXPUSD
HITBTC:EXPUSD
Hold-on for a reversal - (EXP/USD)Short term bearish is ended a few mins ago.
It hurts to see your principal being drained as Red candle slowly paint the graph. BUT Hold-on.
A reversal will take very soon or it just started? which rarely a person can notice (base on 1 min time frame). Cross my fingers and see how things go.
On contrary I can see BTC is on a blink of a massive dump and may affect the fate of EXP in a way or another.
Expanse 100% Growth PotentialExpanse formed a bullish divergence on the RSI oscillator, while it found the bottom at $1.18. Price then broke above the descending channel, but stuck around the $2 mark. The RSI is in the overbought zone, which could result in a small corrective wave down. Nevertheless the bullish momentum seem to be gaining the power and the price could shoot up any time.
The strong resistance is located at 50% Fibonacci retracement level, that is $5.5. This is a 100% growth potential that could be achieved in a relatively short period of time. Break above it should confirm trend reversal, while rejection could result in a strong wave down.
Expanse - Will It Finally Reverse?For the short term, Expanse has been trading upwards while moving within the ascending channel. On the 8th of March, the channel was broken and price started to move lower. Fibonacci applied to the corrective wave up after the channel breakout shows that EXP/USD has reached the 227.2% Fibonacci retracement and what more important, rejected it. Simultaneously the lower trendline of the extended ascending channel has also been rejected, followed by the downtrend trendline of the RSI oscillator.
These are just some indications that there is in fact strong support at $1.68 and the fact is, the support was rejected. Therefore unless Expanse will close below the support this could be a reversal point or at the very least a very interesting price to observe from the investment point of view. Obviously, only time will tell whether it will be a potential reversal or just a corrective wave up.
Expanse RangeFollowing the previous idea on Expanse , it has reached the upside target at $4.5 and broke much higher, testing $9.6 where it found a strong resistance confirmed by two Fibonacci retracement levels.
After rejecting the resistance, EXP/USD corrected down sharply and went as low as $4.8, losing 50% to USD in just over a week. Currently, Expanse is facing a strong support between $4.6 and $5.0 which could result in rejection and then uptrend continuation or another wave up towards the $9.6 resistance.
The support level should be watched closely as a daily break and close below could result in further decline towards 200 Moving Average. However, at this point it does not look like a trend reversal is taking place, but rather a consolidation. Only a break above the $10 psychological resistance should result in a long-term uptrend.