eCash XEC bearish sentiment September has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
eCash XEC is a cypto with a negative overall sentiment recently.
I have the following price targets:
XEC /USDT short
Entry Range: $0.00004500 - 0.00004950
Price Target 1: $0.00004100
Price Target 2: $0.00003750
Price Target 3: $0.0.00003325
Stop Loss: $0.00005190
Sell-trade
Near bearish sentiment September has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
NEAR is a cypto with a negative overall sentiment recently.
I have the following price targets:
NEAR/USDT short
Entry Range: $4.00 - 4.35
Price Target 1: $3.65
Price Target 2: $3.20
Price Target 3: $2.95
Stop Loss: $4.85
EUR/CAD Wyckoff Short opportunity!Possible selling opportunity in EUR/CAD very soon! As you can see it looks like we have been going through a type 1 Wyckoff Distribution schematic at our point of interest which means that institutions and banks could be trying to gather liquidity by stopping out all the buyers and sellers before a big push off. As its a distribution schematic we will be looking to go short. Price has come into a key last area of support which if we see bearish selling pressure from here i will be looking to enter. To add confluence to this we are bullish on CAD and yesterday we noticed a big Wyckoff Accumulation schematic on CAD CHF which has been melting today from which i will be looking for another entry point!
Feel free to leave any comments about the idea!
Nasdaq looks temptingto confirm the last move, I believe that we need one more confirmation for the 15000 level
depending on the momentum, the price can go lower than what is drawn on the chart
disclaimer: no fundamental were considered during this analysis :)
AUDJPY close to ResistanceHello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it.
As we can see, the price is inside DESCENDING CHANNEL and is now close to RESISTANCE. One can go for sell after breakout from TRENDLINE SUPPORT.
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