Radix has created a nice fundament. As you can see there is a line of resistance drawn. Once above that line Radix has free space. Even when you look at XRDBTC you can see a multi-year descending triangle. These two together make me bullish for Radix
XRD Looks bullish for short term as it had Market structure shift on Daily TF and Tapped on Daily FVG as well.
On H4 It looks like AMD Model Where we have accumulation first (Blue) then Manipulation (Red) and Now i am expecting Distribution to the Upside for Buy side Liquidity.
Targets are marked with red lines.
Let's see how it plays out.
if you like my idea hit...
After a period of 299 days(!) it seems Radix (XRDBTC) is breaking the falling wedge. Let see if it can hold. I think it will come lower after a couple of days because it's overbought when you look at the RSI. Hopefully the resistance of the falling wedge will then be support for the next run. Also the volume is increasing so that's a good sign IMO.
Also take look...
As you can see Radix is in a nice uptrend. Below you can see there's a lot more buying (green candles) volume than sell volume (red candles). The RSI is slightly raising but there's room for more growth. Even XRDBTC is back in a large falling wedge which is a bullish pattern
XRDBTC has found support on the lower band of the falling wedge and XRDUSD seems to break the line of resistance of a falling wedge. Let's see how this plays out..
A tiny falling wedge within a bigger falling wedge. Even during the price drop last days XRDBTC performed well. Combined with the pattern of a falling wedge is a bullish sign IMO.
My personal opinion at this moment is XRDBTC will follow the green line. XRDBTC is in a downtrend for months but XRDUSD is getting more momentum so it's possible it will bring XRDBTC to higher levels.
At this moment XRDBTC is a bit high on the RSI so I think it will come lower before it uptrends higher to the line of resistance and break it.
If the whole...
After a couple of tries the XRD graph shows some strength to possibly break-out the resistance pattern where it is for a long time. Also XRDBTC has tested serveral times the support line and would probably go higher.
