Aggiornato
XPR hitting a very old resistance
As I've written in the title, this resistance is very old, I had it drawn for a long time, I didn't think it was still valid but it's currently working as resistance. Moreover there's a bearish DIV on 4h RSI and, always at the same timeframe, VLPR shows control line is 20% lower than current price. I think a retracement is most likely than another leg up here.
As you can see XPR went +114% after the breakout of that descending channel, a price drop would be acceptable but in the long run this will go over his previous ATH.
Stay focused.
As you can see XPR went +114% after the breakout of that descending channel, a price drop would be acceptable but in the long run this will go over his previous ATH.
Stay focused.
Nota
Here a picture from 1h chart. XPR is testing a support right now, should it bounce upward it might breakout but in case it'll go down the first dashed line is a support between 0.5 and 0.618 Fib line, which sounds perfect for a reversal. Right now XPR doesn't follow 
BTC 100% so if BTC keep retracing a bit after that pump it's not sure XPR will dump as well.Nota
XPR reversal happened in the zone I had told you. Right now price is over previous resistance but with a clear bearish DIV on at least 2 indicators (not all of them though, for example not on CCI) and touching TMA upper band. It's possible it'll go down but if it goes there former R has to hold price and become S. Let's see!Nota
ah, I forgot to say, if RSI breaks bearish DIV line this will keep pumping!Nota
XPR is not stopping, it has hit my second reistance and broke the bearish DIV. Volume keeps rising, if things remains like that it can easily make of this resistance a support
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.