XCNUSDT Perpetual Contract
Long
Updated

XCN + 333%? X4 IS WAITING FOR IT IF THIS CONFIRMS.

756
Last time Onyxcoin (XCN) had a Bullish divergence on RSI and make a Golden cross. it made a +383% in 5 waves making the 1st wave on the bigger cycle. (152 ds).

Wave 2 a correction ( 152 ds), corrects as Elliot says to the 4th of a minor degree.

And now that the Wave 3 seems to start, we break the descending channel and made a Golden Cross. We have the bull impulse until Feb/Mar 2025.

To confirm this we need the break out on the RSI.

And remember that Wave 3 usually is the strogest of all, we will find out on OCTOBER ;)

Cheers!

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Pullback and Support Confirmed!

Waiting for confirmation on RSI Breakout...
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Start your engine...

Still waiting for confirmation on RSI but it seems good as far.
Trade active
ibb.co/7gzrLhL

RSI Breaking out confirmed.
We are above the 200 D MA, and the last time was without being above the 200 3D MA. Now, should be wild and Bananas.

I think we could have one more dip on a BTC rush, and then when BTC.D goes down, XCN goes up. Really up
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Still going ...!
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Hey Guys,

Let´s see what to expect about XCN:

- We can see a re-acummulation on the prices of the last local top (March 24). This is a normal market action, the ones that got fooled on March, are doubting on it, and don´t want to feel the same. So the market is cleaning those participants. To end this phase we could see a drawdown or "spring" before the run up.

- This one of course has full correlation with the DEFY enviroment, that I think are all making the same. You can see the same patron on Compound for example COMP .

But the main thing is look at what ETH is doing, if Ethereum wakes up, will get this one up too. And also it´s the most important coin to take the BTC.D down, we want that after the next leg up of BTC.

- As I marked on the beginning my target is ~0.006. But it could go really really wild "bananas" on the last phase of the altseason. So if the target goes up, we can take some more days, but not to believe in magic.

Have fun on the ride.
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Hello guys, as you can see we are kind of repeating the last patron. We are following the yellow line. After this re-acummulation we can see I think a more violent impulse on alts, more than on BTC.

Let´s have patience and focus, because as I see things, we should start to look for patterns of top on Q1.
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Ladies and Gentlemen, Target 1 has been achieved.

But RSI is still breaking out and doing a Bullish Divergece, so we should still take half or more of the positio on holding.

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What do you think about it?

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