XPRUSDT: long up to 0.916, good opportunity
We see that accumulation is finished and the inner triangle pattern is broken up. Now we expect the price to reach a resistance level, which at the moment may be also resistant of the bigger triangle pattern (please, check the link to the related idea). This will be our T1 (0.9165).
Link to the related idea:
ON RSI we have only one touch of the upper level of 70%. And now we expect the second movement to reach really overbought conditions in the market. For reference, you can check the previous RSI peaks and compare them with the price chart.
On candles, we see long bottom wicks, which indicates support and bulls strength and willingness to push prices up.
NOTE FROM THE TEAM: We are from Ukraine and we support Ukraine and democracy. We are against war and terrorism in our world.
SUPPORT: Hope you like our ideas and will subscribe to our profile here to support us and to get notified about our new ideas. Have a nice day and talk to you soon!
Link to the related idea:
ON RSI we have only one touch of the upper level of 70%. And now we expect the second movement to reach really overbought conditions in the market. For reference, you can check the previous RSI peaks and compare them with the price chart.
On candles, we see long bottom wicks, which indicates support and bulls strength and willingness to push prices up.
NOTE FROM THE TEAM: We are from Ukraine and we support Ukraine and democracy. We are against war and terrorism in our world.
SUPPORT: Hope you like our ideas and will subscribe to our profile here to support us and to get notified about our new ideas. Have a nice day and talk to you soon!
