dRends35

XPR - Time To Buy Again

Long
dRends35 Updated   
KUCOIN:XPRUSDT   XPR Network / Tether
XPR came all the way back to the 1:1 fib where i bought it the first time around and now buying again ( or i bought yesterday).

This is one long accumulation i think and if BTC can break out then XPR is going to go bananas.

Also notice the continuous bullish divergence throughout.

Currently rejecting the 50MA, if/when it pushes through get ready could be some fireworks.

I usually say my alt picks first on my BTC threads.


Not advice.
Comment:
Even though markets are crashing XPR is actually still above the 1:1 and were it was just 2 days ago so im hanging on and this may turn out to be a cheeky pumper.

Comment:
This fast shakeout reversal pattern through the 4H50MA to the thrust downward and make a new low is not just noise I think but a bearish indication that XPR is setting up to go lower.


Good chance it gets back above the 1:1 but i'll be looking to exit soon.
Comment:
Ok I have exited right here. I still think it can rover to the 1:1 but this could fall apart fast and its a 24 hour market so this is one per my strategy to let go of and accept a small lottery ticket loss.

Comment:
Ok it was good to exit, another short squeeze and probably heading lower now


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