BITRUE:XDCUSDT   XINFIN NETWORK/TETHER USDT
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

πŸš€ Following a 175% surge in July / August, XDC has been in a correction phase for the last couple of month.

However, XDC is currently approaching a strong support zone around 0.04 marked in blue.

πŸ“ˆ For the bulls to take over again and start the next impulse upward, we need a break above the last major high in red around 0.055

πŸ“‰ Meanwhile, XDC would be bearish and can still test the blue support where we will be looking for new short-term buy setups.

πŸ“š Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

This analysis is done using RichTL
www.RichTL.com

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