Hi Community,
XZC seems to offer an opportunity here.
Here is what I see:
Potential TP Targets:
XZC seems to offer an opportunity here.
Here is what I see:
- Price is rebounding from an ascending support line, which was previously tested.
- RSI 1H TF just moved above 30.
- RSI 4H TF is below 30.
- A potential 70% profit if price breaks the descending resistance line and flips it to support.
Potential TP Targets:
- TP1: 3.70$
- TP2: 5.03$
What do you think?
Comments and feedback are most welcome.
If you think I am on the right track, a "like" will be most appreciated. :)
Thank you and Happy trading!
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Needless to say, this is not financial advice!
Still learning here, so please be nice!