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XRDXRDXRD
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XRD

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XRDUSD trade ideas

XRDUSD Don't be fooled by this riseRadix (XRDUSD) is on a strong rise in the past five days. However, unless it closes above the 0.1200 Resistance, it is more likely to seek Support on either the 1D MA50 (blue trend-line) or the 1D MA200 (orange trend-line) before making a new High. That is because based on the 1D RSI, the current 5 day rise may be similar to the dead cat bounce on February 15 and December 15. If however it closes above the Resistance, this pattern gets invalidated and we will buy, targeting the Higher Highs trend-line at 0.2000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:XRDUSD
by TradingShot
Buy XRD/USDT W1-D1 (TF = 2-3 months)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.
BITFINEX:XRDUSDLong
by SaltSugar
7