FibonaccIvo

XENUSDT: targets based on trend-based Fib (3D-chart)

Long
POLONIEX:XENUSDT   XEN Crypto / Tether USD
XEN is close to the LoW (Low of the Week).
Using the trend-based FIb I've determined the targets for taking proft.
These targets have confluence with Daily and/or Weekly levels of resistance and/or EMA-levels.

- 195: Daily level/ EMA 50-level (closing in)
- 430: trend-based Fib 0.091 level/ EMA 100-level (closing in)
- 800: weekly level
- 1000: HoW (High of Week)
- 4800: the -0.618 Fib-level corresponds well with a daily close on the Daily

These levels are 'obvious' levels and/or levels based on a Fib. Both have proven to be good places for taking profit for me.


Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.