XVS/USDT Secondary trend September 9, 2023

Updated
Logarithm. Time frame 3 days. Horizontal channel with a large step of 16.3 months.


Line chart of the zone for clarity.

snapshot


Primary trend. Time frame 1 week.

XVS/USDT Main trend. 11 September 23
XVS/USDT Main trend. 11 September 23
Trade closed: target reached
snapshot price has reached the resistance zone of 16.58, which is more than +300% from the reversal of almost vertical pumping. Price is currently above the accumulation channel resistance, but the local profit is huge. Protect profits.
Trade active
snapshot Local zone of price clamping 10.21-13.27 for a long time, thus forming a "canvas" over the resistance of the accumulation channel. Percentage from the breakthrough of this zone depending on the rationality of price movement under the market trend showed on the chart.
Note
snapshot
binancecryptocurrenciesCryptocurrencyParallel ChannelPivot PointsSupport and ResistancexvsXVSUSDxvsusdt

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