Xen is the bottom of the barrel risky when it comes to any form of investing as it is extremely low liquidity and extremely high risk.
While extremely high risk xen checks a lot of boxes for high reward potential. Past rallies of 1000+% in bear market conditions and a cult style following.
Last major bull rally that commenced from much higher prices ran 1300%. We have since came down substantially lower than the low of the bull run with potential bottom.
Since the potential bottom, price has rallied to retrace 25% of the way back to the previous rally high. After the 25% retrace price has since came down again for a higher low with a clear double pattern on the verge of a break out.
While chart analysis NEVER provides any form of guarantee the common bullish reversal signals we use for our edge are certainly present with very high targets.
Current trading plan is a 100% capital risk long for a 50% retrace of the last rally high in the 50% sell window from .0000014-.0000021.
Trade Well.....
While extremely high risk xen checks a lot of boxes for high reward potential. Past rallies of 1000+% in bear market conditions and a cult style following.
Last major bull rally that commenced from much higher prices ran 1300%. We have since came down substantially lower than the low of the bull run with potential bottom.
Since the potential bottom, price has rallied to retrace 25% of the way back to the previous rally high. After the 25% retrace price has since came down again for a higher low with a clear double pattern on the verge of a break out.
While chart analysis NEVER provides any form of guarantee the common bullish reversal signals we use for our edge are certainly present with very high targets.
Current trading plan is a 100% capital risk long for a 50% retrace of the last rally high in the 50% sell window from .0000014-.0000021.
Trade Well.....