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Xcadanalysis

Is XCAD going to rise or fall? $0.85 or $3.32?Hello everyone! I have been watching XCAD since the beginning of the reversal movement after the last 3 month price drop. At the moment the asset is in the zone of semi-annual trading in the same area there is an important global Fibo level of 0.236 which is now a support level for the price as well as EMA 200. And at the same time there is a global descending trend line and a local Fibo level of 0.618, which at the moment will serve as a resistance level until it is broken. To continue the upward movement the asset needs to consolidate above $1.34. After that the way up will be opened. The first target is in the area of ~$1.77 The second target is around ~$2.12. The third one is around ~$3.32. If the asset fails to break the downtrend, we can expect a pullback to 0.382 - 0.236 Fibo. What do you think? This is not a financial recommendation, everything you do is at your own risk.
Long
by neverovv
2
XCAD / USDT has bounced off the resistance and takes away energyHello everyone, let's take a look at the XCAD to USDT chart on the 1D interval. As you can see, price is moving above the local uptrend line. Let's start with the line of support and as you can see the first support that the price is currently based on is $ 3.09, if the support breaks down, the next ones are $ 2.09 and $ 1.30. Now let's move from the resistance line, as you can see, the first resistance is $ 4.38, if you can break it, the next resistance will be at $ 5.65 and the next resistance at $ 6.68. Looking at the CHOP indicator, we can see that in the 1D interval we are starting to recover energy, while the MACD indicator shows an upward trend.
by cryptodailyuk
What happens now, XCAD has broken the bearish downtrend line?Bullish Scenario: On a higher time frame, such as the daily(D), XCAD has broken the bearish downtrend line. It is now trading above the $3.6 support zone. If it remains above this zone and the $5.0 resistance level is broken, we could witness a move towards $5.6, $6.4, and much higher. Bearish Scenario: We’re witnessing some early indicators of bullish momentum, but we can’t rule out the possibility of a bearish scenario. XCAD is still in a downtrend on higher time intervals, such as monthly(M). Failure to hold the $3.1 support level and a break below $2.4 could result in a slide to $1.6 and lower.
Long
by AltcoinBuzzTrading
XCAD Network is Now Ready for a Wave 3 Rally SoonXCAD Network Initial Coin Offering was somewhere around May 2021. So I'm certain this chart is showing XCAD from the very beginning. It started with a 5 wave Leading Diagonal with subwaves 3-3-3-3-3 to complete a Supercycle Wave 1. And then it retraces to form Wave 2, a Zigzag pattern as I checked on the Daily timeframe. Trading volume also shows some spike of interest. It's should be ready for next Wave 3 Impulsive move. Best buy price? You may buy anywhere inside the grey box/zone. Again this is not financial advice, please do your own due diligence about the project.
Long
by UnknownUnicorn2898427