XDC | updated 4hr chart

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XDC | updated 4hr chartXDC NetworkCRYPTO:XDCUSDStudyGuideTAupdated chart. tested levels changed from dashed to single point dotted lines. New levels added @ $0.026 which are the final levels support the low angle accumulation trend. If price is a good entry at 0.026 then what would get price down to that zone? There is are a few 4hr areas of resistance locally. A 4hr timeframe level will have an expected strength to break lower timeframe levels and contend with / possible breaking of a daily timeframe level. the tested levels currently supporting price at $0.0310 is a tested 4hr so it can break. The tested weekly levels in grey below that could also break being tested already. There is no expectation of liquidity at those area's since they are already tested and not candidates for trends to originate from them. We can look for Inv.BS candles to form and create an origin level for an accumulation trend to be created. We can also look for BS levels to be tested 2x to become origin levels for distribution trends to be created and push price down to the final levels of supports. - T.A explained - Range = two or more consecutive color candles. DISTRIBUTION RANGES DEFINED: BackSide (BS) Candle - First distribution candle in a distribution range. Expectation = strong reaction to price. long wicks reaching to or away from level. FrontSide (FS) Candle - Last distribution candle in a distribution range. Expectation = reversal, create a trend in the opposite direction. Distribution candles are used as support. ACCUMULATION RANGES DEFINED: Inverse BS (Inv.BS) - First Accumulation candle in an accumulation range. Expectation. = strong reaction to price. long wicks reaching to or away from level. Inverse FS (Inv.FS) - Last accumulation candle in an accumulation range. Expectation = reversal, create a trend in the opposite direction. Accumulation candles are used as resistance. Horizontal Ray tool on BS & FS levels are default support levels when dashed lines, tested when dotted lines and resistance when solid lines. Horizontal Ray tool on Inverse BS & Inverse FS levels default as resistance and shown with a dashed line, tested when 1x dotted line, and support when solid line. The inverse is true for the Inv. BS Inv. FS levels, they are resistance as dashed lines, tested as dotted and support as solid lines. Monthly timeframe is color pink weekly grey daily is red 4hr is orange 1hr is yellow 15min is blue 5min is green if they are shown. strength favors the higher timeframe.