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...
There is a Divergence on the MACD indicator which might indicate a weakening of the price bearish momentum.
If it holds above the channel low there is a high probability of a reversal to the top of the channel
Radix has kicked off 2023 with an impressive performance, as evidenced by XRD’s recent surge that conspicuously stood out atop the cryptocurrency charts.
This surge can be attributed to the rollout of Babylon RCnet, which is Radix’s latest milestone release, incorporating novel features and capabilities for both developers and users.
The price of Radix is $0.059...
XRD forming a double bottom. If the market recovers this has a good probability of a rally.
MACD is low and about to come up.
RSI is Oversold.
Falling Wedge Pattern has a high probability of breaking to the upside. Measured move is 41% gain. Even if we get half of this its 20%.
Risk to reward ratio is Excellent!!