$XCAD - BUY - 04/11/2022

By OBednal
Updated
BUY
XCAD/USDT
buy 1.75 1.715 1.61
stop 1.35
Targets 2.15 2.3 3.1 3.3

This is a long-term hold.
XCAD successfully bounced on the support level and is looking like it's about to head toward resistance. I've put some entry points lower as the RSI is only touched 36 so a small pullback to the daily opening candle wouldn't be surprising.

KDJ is what gives me confidence for the uplift and, along with being a project I understand and believe in, this is going to be one of the lowest points to buy in for this wedge.

I'm loading up on XCAD throughout the rest of 2022 and the start of 2023 when I expect it to break formation in January.
Trade active
EP 1 & 2 triggered, doubt EP 3 will fill imo, hold strong
Chart PatternsTechnical IndicatorsTrend AnalysisXCAD
OBednal

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