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Fibonacci-Signals
Dec 10, 2021 3:41 PM

XYOUSDT Technical Analysis Long

XYO Network / TetherKuCoin

Description

💎 XYOUSDT has formed a wedge pattern. The price is at a major support zone. After the breakout it can go for a pullback and retest before continue the bullish move

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🎳 Entry/Pullback now or from 0.03603 - 0.03333

☕️ TP1 0.03987
🍺 TP2 0.04496
🍻 TP3 0.05000
🍾 TP4
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8

🚫 SL 0.03281 - 0.03050

Good Luck 🎲


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Comments
sweetphilly2
Newbie here. So what does a "Wedge" generally say about a potential asset?
Fibonacci-Signals
@sweetphilly2, Basically the wedge pattern is a reversal pattern, The breakout will be usually in the opposite direction of the trend
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