Today I will share a classic formation example.



Long stops below the long-term dip in $XCN are being triggered, and the price is moving upwards again.

For two days, although the price has been trying to rise, they have pressed down on it. However, there is still an exit from the green zone and a serious demand.

Above, there are swing points that are close to each other. There are short stops here. When triggered, it can lead to rapid movements in succession.
XCN-4.76%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)