Greetings,
GXS coin, no strong momentum followed after the breakdown of the wedge. Instead, there is a tilted accumulation on increased volume, which means a return of buyer interest at this price.
On the 4 hour chart the price has formed a channel, where it is better to look for an entry point from the lower boundary. Who prefers less risk, when the price leaves the channel.
The potential to work on this situation is the top of the wedge and return the price into the horizontal channel, where it was a year, and where there were the largest horizontal volumes, as you know volume attracts the price.
Always use a stop loss, and do not use a leverage greater than x3.
A trader should always have tomorrow.
If you found this information useful, please like it and subscribe, so as not to miss anything.
GXS coin, no strong momentum followed after the breakdown of the wedge. Instead, there is a tilted accumulation on increased volume, which means a return of buyer interest at this price.
On the 4 hour chart the price has formed a channel, where it is better to look for an entry point from the lower boundary. Who prefers less risk, when the price leaves the channel.
The potential to work on this situation is the top of the wedge and return the price into the horizontal channel, where it was a year, and where there were the largest horizontal volumes, as you know volume attracts the price.
Always use a stop loss, and do not use a leverage greater than x3.
A trader should always have tomorrow.
If you found this information useful, please like it and subscribe, so as not to miss anything.
