Initial chart l did Jan 28 had this coin under $10 and boy has it flown. Having held critical support around the $40 level and is looking like it wants to now move higher. Entry for me is around $43.40 on my hold level. Expecting another decent move up to 209ish in the not too distant future!
Thanks Andrew,
I am a new Beginner
On the 6 of March, I made an XVS entry just above $41 worth of $4000.
I am following closely more emotionally than understanding its way
Andrewthetrader
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@Mustdothat, If you don't mind me asking was this a small or large % of your total portfolio? I must be frank with you i was expecting more bullish price action with this coin. i.e. l was looking for it to bounce off the $43 hold level, which it failed to do, instead, it went straight to a lower hold level at $38. This is not the price action that suggests price is moving up right now unfortunately. So l suggest to you if you are especially anxious... to cut your losses now and wait for a more bullish price action or reduce the amount of coins you hold in XVS. If we lose this hold area expect to see $23-27 price range for support. Hope this helps. One thing l have learned about trading is to cut losses early, VERY IMPORTANT!
Andrewthetrader
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@Andrewthetrader, Ok l take that back it looks fine again, just needed a little extra time.
PedroNegreiros
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An entry below $40 is a gift
Andrewthetrader
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@PedroNegreiros, Yes Sir, l think those selling at these levels will regret later.
Dave-FX-Hunter
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Always following your analysis
Andrewthetrader
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@Dave-FX-Hunter, Thanks Dave, appreciate your kind feedback! All the best to you.
I am a new Beginner
On the 6 of March, I made an XVS entry just above $41 worth of $4000.
I am following closely more emotionally than understanding its way