Xcn short to $0.014306...potentially

140
Xc just had a very aggressive spike. Its something I notice time and time with this pair. It usually get some strong buys...maybe to liquidate shorts...not sure but often it usually sell off afterwards.

I was already watching in anticipation of a short down to $0.014306 area.

Not sure if I will hold until that long but it would be a great trade if I do.
Note
snapshot

Excited xcn...what the hell goin on with this coin
Note
snapshot

Re-entered xcn short
Note
snapshot

Re-positioned xcn short
Note
snapshot

Okay after some more analysis decided I'll early close xcn around $0.018775. Even though overall the market is bearish the lower tf flipped back bullish and could bounce from there and since I'll likely be asleep by then I won't be able to monitor incase there will be bounce back up to create new highs.
Note
0.0185 adjusted target
Note
snapshot

Closed early

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.