Hi All,
I have been stalking this bugger for some time. Still not there yet.
Anyway, as you can see, this looks like the 8 HRLY will pass this retest and hopefully with an engulfing candle.
Note how it passed a key level prior to this will strength.
Make sure you have your stop limits in place.
Please give me a like or tick for this helpful...
I have pinpointed some important things on the chart which shows the move is bullish in coming days.
1. Two Daily rejections on Weekly Support. Indicating support is strong.
2. Candles making higher lows means bullish trend.
3. Enter the trade once a daily candle closes and opens above 5860.
5860 is a resistance level of the weekly zone.
during the last 7 days,...
XZC/BTC
-a bullish breakout above 200D MA
-incoming bull cross of 50MA and 20MA
-breakout of descending trendline resistance
-priority is upside
-target is up to 8500 - 9700 sats
-stoploss below 50MA
XZC is consolidating over 2 months in the range of 5-7k, now at the bottom shelf, volumes are increasing, on the graph there is a pronounced double bottom and pulling to the level, the first targets for fixing are ~ 6500-6350. The second target is on our favorite number 1.618 fibb ~9000-9175.
look delicious.
Weekly still falling but 1D turning good.
Buy 1240ish ( invest smartly and keep some juice to rebuy at 1200ish )
Sell 1480ish ( can push more but double EMA can make a resistance )
Stop Loss under 1180ish
Keep an eye on BTC.
Happy Tr4Ding !
RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
