$XPL — SHORT
Entry 0.1117 – 0.1148
SL 0.1196
TP1 0.0957
TP2 0.0919
A pump of 23% in one day, then returned to nearly clean in the next three sessions.
On 24/09, it surged from 0.090 to a peak of 0.1256 within just one day, with volume three times higher than usual.
The most recent three sessions returned nearly all of it; today it closed down 5.8%.
BTC only rose slightly, ETH traded sideways, while $XPL was far weaker than the overall market.
The 1-hour timeframe has dropped below both the EMA20 and EMA50. I’m waiting for a rebound to the Entry zone; if the 4-hour candle closes above 0.1196, then I cancel the order.
Personal observation only, not investment advice
#XPL #Plasma #Altcoin #CryptoTrading
Entry 0.1117 – 0.1148
SL 0.1196
TP1 0.0957
TP2 0.0919
A pump of 23% in one day, then returned to nearly clean in the next three sessions.
On 24/09, it surged from 0.090 to a peak of 0.1256 within just one day, with volume three times higher than usual.
The most recent three sessions returned nearly all of it; today it closed down 5.8%.
BTC only rose slightly, ETH traded sideways, while $XPL was far weaker than the overall market.
The 1-hour timeframe has dropped below both the EMA20 and EMA50. I’m waiting for a rebound to the Entry zone; if the 4-hour candle closes above 0.1196, then I cancel the order.
Personal observation only, not investment advice
#XPL #Plasma #Altcoin #CryptoTrading
