XPR another low ranked coin @ 438 has a nice clean chart.
Its been fairly battered through the bear market losing 95%.
On the way down rejected the 1:0.618 extension and now sits plumb on the 1:1.
Plenty of bullish RSI divergence coming in from May low.
I've put some targets on this chart and its similar with the other charts i've made already I just didn't put them on yet.
This should at a minimum get up to the 0.5 retracement which would be a x4.
But I really expect this to challenge the blue shakeout reversal zone for a x6 - x10.
And who knows it may make a higher and i will track progress with BTC.
Not advice
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XPR is printing a tight contracting shape here whereas before it was fairly lose.
Good chance this is a bull flag and a big PAMP coming.
I've added to my position from profits taken elsewhere.
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Can you see?
Nothing is guaranteed of course, but looks like this is the cause (pressure) to release the effect - an impulsive wave.
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Up we go.
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Good progress from XPR and its just gone passed resistance. Could be a flurry upward or perhaps it will fall back with BTC. Either way its looking good for when BTC does eventually move.
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Ok I have exited half my position. Its hit the 1.618 and its also a resistance point.
I know i know i'm sorry😟, but it looks like a good level to TP and I can re-cycle profit into an alt that hasn't popped.