#XDC 4H TIME FRAME TECHNICAL ANALYSIS
As we can see today XDC has been on the move after yesterdays big move to the downside. If we get a continuation with upside movement I expect price to push into the zones marked. The major areas of resistance will be the lower highs which I have marked on the chart.
Currently the trend line has been broken giving us abit of confluence to a change in momentum. This being said I wouldn't really classify XDC being bullish till we can get a break of the previous major lower high.
All on eyes on the levels marked.
Price never goes up in a straight line. Expect pullbacks along the way. Its all part of healthy market structure
Currently the trend line has been broken giving us abit of confluence to a change in momentum. This being said I wouldn't really classify XDC being bullish till we can get a break of the previous major lower high.
All on eyes on the levels marked.
Price never goes up in a straight line. Expect pullbacks along the way. Its all part of healthy market structure
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