Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
🚀 Following a 175% surge in July / August, XDC has been in a correction phase for the last couple of month.
However, XDC is currently approaching a strong support zone around 0.04 marked in blue.
📈 For the bulls to take over again and start the next impulse upward, we need a break above the last major high in red around 0.055
📉 Meanwhile, XDC would be bearish and can still test the blue support where we will be looking for new short-term buy setups.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
🚀 Following a 175% surge in July / August, XDC has been in a correction phase for the last couple of month.
However, XDC is currently approaching a strong support zone around 0.04 marked in blue.
📈 For the bulls to take over again and start the next impulse upward, we need a break above the last major high in red around 0.055
📉 Meanwhile, XDC would be bearish and can still test the blue support where we will be looking for new short-term buy setups.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
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.
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
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.