ATH-almost reached,confirm new support or into uncharted waters?
Updated
In my last TA (see my profile, cant share links yet) you can see it playing out as predicted but now we have reached our previous ATH. It's quite possible for the price to drop and confirm the 0.133 price as new support but looking at the market overall, it could just keep going and who knows where we will end up then.
Personally, im long-term holding (e)XRD and seeing everything moving up these weeks, i've decided not to risk it by selling and to hold for now but if you're looking for a possible short position or a sell high buy low scenario, this might be it. Don't forget to set your stop-losses.
Personally, im long-term holding (e)XRD and seeing everything moving up these weeks, i've decided not to risk it by selling and to hold for now but if you're looking for a possible short position or a sell high buy low scenario, this might be it. Don't forget to set your stop-losses.
Note
We broke out above the resistance, good times ahead
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.