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SuhaibM
Sep 14, 2020 6:04 PM

XZCUSDT analysis 

Description

Sell2 and bear signal say we must NOT buy. Here is my analysis:

1. We can buy when risk/reward ratio is greater than 2 , we can buy at 4.758 usdt
2 . We can buy at support = 4.151usdt
3. Chart is below the McGinley dynamic line, which means we can buy when our risk/reward ratio is greater than 2.

Since there is an existing buy1 signal, either buy2 or bull signal is required for buy decision. We must also sell if the chart goes 1D open & close below the support line.
Comments
Brain_haddin
Good idea++
PolarHusk
NiceJobToday
Saeed966
Good luck
SuhaibM
@Saeed966, I am a strong believer in EngineeringRobo. I do not buy without its approval. What do you think of this chart?
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