$XPL is up 19.78% over 30 days and 4.50% on the week, which is 11.4 points ahead of bitcoin on the month. a -1.1% day doesn't change that picture.
the part i care about is volume. the last 5 days ran 2.21x the 20 days before them, the daily MACD histogram is positive, and the 20 EMA sits above the 50. that reads like dips getting bought, not rallies getting sold into.
RSI is 54, so it isn't stretched. the setup score is 7 out of 14, so i'm not calling this a monster. it's a tape that leans long, and that's all it is.
$XPL trades at $0.1006 right now. if it holds the daily 20 EMA at $0.0967495, i think it walks back up to yesterday's high at $0.10926, about 8.5% away. if it loses $0.0967495, i'm wrong on this and there's nothing to defend. anyone long is then holding a broken trend, roughly 3.9% under here.
holding $0.0967495 or losing it?
follow me for more calls like this.
the part i care about is volume. the last 5 days ran 2.21x the 20 days before them, the daily MACD histogram is positive, and the 20 EMA sits above the 50. that reads like dips getting bought, not rallies getting sold into.
RSI is 54, so it isn't stretched. the setup score is 7 out of 14, so i'm not calling this a monster. it's a tape that leans long, and that's all it is.
$XPL trades at $0.1006 right now. if it holds the daily 20 EMA at $0.0967495, i think it walks back up to yesterday's high at $0.10926, about 8.5% away. if it loses $0.0967495, i'm wrong on this and there's nothing to defend. anyone long is then holding a broken trend, roughly 3.9% under here.
holding $0.0967495 or losing it?
follow me for more calls like this.
