Persistence. Here we have an interesting chart and trading pair and we start with a volume divergence. What is the divergence? Prices are dropping while volume is rising. XPRTUSDT starts to crash down and as it crashes down volume starts to rise up. And now we have a strong bottom with strong reversal candles. We just witnessed the last market flush. A strong, long and prolonged downtrend will lead to a change of trend.
I like this chart because it has huge potential for growth. Back to baseline prices, which is normally an easy target, in this case strong, give us 1,000% profits potential. As usual, there are low targets for those trading short-term and mid-term and higher targets for those trading long long-term.
The bottom is early but there is still a strong reversal signal because we have a v shaped bottom. A close this week at current prices or higher and we have full technical confirmation. Since we can preempt these movements, we buy before full confirmation because we are bullish on the market and while confirmation is not yet present here other pairs are moving ahead. We know that what one does, the rest follows; When one Crypto recovers, the rest of the market is about to do the same.
We focus on the long-term. We are going up. Short-term, anything goes. Mid- to long-term, watch how prices grow. We are still trading at the bottom, or very close to the bottom and long-term support. This is exactly when the market turns. When everything is down and out for a long while, when long-term holders start to give up, when you are ready to quit, that's when everything changes for the better. Never give up.
Namaste.
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