$XPL is up 21.57% on the week and still slipping 3.7% today. i'd call that a dip in an uptrend, not the end of one.
it's beating BTC by 18.2 points over 7 days and 19.6 over 30. volume over the last 5 days runs 2.01x the 20 days before, so the move has real buyers behind it. the screener scores it 8 out of 14, not a 12, so i'm not calling it a lock.
daily RSI is 64, which is warm but not overheated. the 20-day average is still above the 50-day. a pullback that keeps that structure is the kind i want to buy.
$XPL trades at $0.1112 right now. if it holds $0.1063, yesterday's low, i think it goes back for the 10-day swing high at $0.12555, about 12.5% above spot. if it loses $0.1063, i'm wrong on this and there's nothing to defend. anyone long is then sitting on a broken higher low, and they should treat it that way.
holding $0.1063 or losing it?
follow me for more calls like this.
it's beating BTC by 18.2 points over 7 days and 19.6 over 30. volume over the last 5 days runs 2.01x the 20 days before, so the move has real buyers behind it. the screener scores it 8 out of 14, not a 12, so i'm not calling it a lock.
daily RSI is 64, which is warm but not overheated. the 20-day average is still above the 50-day. a pullback that keeps that structure is the kind i want to buy.
$XPL trades at $0.1112 right now. if it holds $0.1063, yesterday's low, i think it goes back for the 10-day swing high at $0.12555, about 12.5% above spot. if it loses $0.1063, i'm wrong on this and there's nothing to defend. anyone long is then sitting on a broken higher low, and they should treat it that way.
holding $0.1063 or losing it?
follow me for more calls like this.
