#XEC/USDT#XEC
The price is moving in a bearish channel on the 12-hour frame and is largely sticking to it
The price rebounded well from the green support area at the support level 0.00004300, which is a strong level.
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price is 0.00004550
The first goal is 0.00004949
The second goal is 0.00005490
The third goal is 0.00006000
Xecanalysis
$XEC next move UP BINANCE:XECUSDT
Green line at the bottom its a fundamental price
-0.18 and -0.27 levels by FIB is investments zones under fundamental price which we should test around summer 2022
Locally im expect move up to 0.68 level by FIB correction and than drop to the bottom after FRS increasing rates and cut balance events this year.
So dont fall in FOMO
$XEC Trade Idea With The Buy Zone & Possible Targets!!Hi Traders,
This is my analysis for XEC, Entry at the mentioned buy zone, or with a stop limit Order at 0.0...9
Targets are mentioned in the chart, and StopLoss after a Weekly Close Below 0.0...6
Good Luck.
NFA, DYOR. and Remember to calculate your risk according to the StopLoss % ...
XECXEC looking like we are getting ready to continue up soon. Hitting the order block, wedge getting tighter.
XECUSDT (Bulls are About to Take Over)For the past few weeks, eCASH had been under a serious bearish run!
And in the last few weeks ago I published bullish analysis that was only valid if and only if this bearish structure is invalidated and also I publish another long term overview on eCASH (See all the analysis attached below)!
But a few days ago, we've seen signs that indicate bulls are about to wake up and take eCASH control to the north!
If everything goes as planned then in the coming weeks we might see an intensive bullish run on eCASH!
What do you think? don't forget to leave your views in the comment section below!
XECUSD Long Term Plan To 0.0003+eCASH has been under pressure for some time now, still in the lower time frame structure is bearish (check lower timeframe analysis attached below)! But if bulls managed to take control at least on the lower timeframe then in the long run 0.0003 will be our first destination!
NB: Please check the lower timeframe analysis attached!