XEC / TetherUSLong
XEC Waiting for Correction
Even though the overall bias is bullish, price in the daily chart is in overextended RSI conditions and beginning to show bearish divergence.
Next major resistance is the green zone around 0.00006.
Major support is the gray zone just above 0.00004.
I will be watching for pullbacks to enter long trades targeting the green resistance.
📈 Experienced Crypto trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.