XEC sell/short setupWe have a bearish QM on the chart.
The price is approaching a valuable range. We have the overlap of the qm level with a strong OB.
We are looking for sell/short positions in the red range.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
XECUSDT
XEC sell/short setupThe big XEC structure is bearish.
Looks like it's creating an internal pullback now.
By reaching the swap range, you can enter the sell/short position.
Closing a 4-hour candle above the invalidation level will violate the analysis
Note that the financial market is risky, so:
Do not enter a position without setting a stop and capital management and confirmation and trigger.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
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XEC/USDT NEW INCREASE VOLUMEAfter the main market's downturn, XEC is showing a new rise in volume, which might continue in the upcoming time frames.
This is our first chart update to check if this coin's performance can be confirmed. If it is, we'll provide more updates.
We know XEC can rise with high volume when there is a positive trend.
Not every update will be confirmed and this update is a beta test update before the confirmation.
We will focus on XEC/USDT only after trend confirmation.
5% from here the confirmation could start
#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
Less Than 20 Days Left to eCash ($XEC) HalvingMost Altcoins followed the trajectory set by Bitcoin and this is no exception with eCash ( TSX:XEC ) for the broader market throughout this week, its turning point came up on March 24, when it recorded its second-highest intraday gain of the year, a move largely attributed to traders anticipating the Halving event coming up in not less than 20 days. Miners reward will be reduced by half.
Like the rest of the major altcoins, TSX:XEC also saw a bearish start to the week, before witnessing a recovery on March 20 in an 11.08% gain. However, the cryptocurrency consolidated between March 22 and 23, while the broader market experienced a second round of selloffs.
Amid this consolidation, XEC sternly defended the $0.00005 zone, looking to leverage it for the next run. This plan was successful, as eCash’s price shot up by as much as 26.32% on March 23, allowing the crypto asset to clinch a two-week high of $0.00006919 before seeing a mild correction.
eCash ( TSX:XEC ) has formed a symmetrical triangle pattern as depicted on the charts but traders need to wait for a retest to validate the bullish streak
Despite a 2.48% drop today, eCash has retained most of the gains picked up on March 23. The asset has held up well above the $0.00006 threshold, changing hands at $0.00006305 with a 15.2% gain this week.
#XEC/USDT Long#XEC
Since April 2022, the price has been moving in a bearish flag pattern that was broken to the upside
Moving Average 100 has been broken
Current price is 0.00003504
First target 0.00004062
Second goal 0.000004797
Which represents 175% of the current price
Please pay attention to the correction areas on the chart
XEC after the pullback is going upXEC after the pullback is going up. The chart is bullish
🔵Entry Zone 0.00004485 - 0.00004320
🔴SL 0.00003750
🟢TP1 0.00004614
🟢TP2 0.00005333
🟢TP3 0.00006589
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XEC LOOKS BULLISHIt has broken the dynamic resistance and it looks like a valid break out.
We have a support swap range, but below this range, there are other support ranges.
I specified the invalidation level so that a candle is not closed below this level in the daily time frame, the analysis will not be violated.
The general structure is bullish, and it seems that after eating a little volume around this, the XEC symbol can continue its rise.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
XECUSDTFrom the latest data, the latest update.. we find that the chart came down in the form of three corrective waves and ended with a Diagonal Incline. A strong upward wave is expected to come after this historical correction of the currency.. Let us see what will happen. All the data is shown on the chart.. Greetings to you.
$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
XECUSDT Bullish signalECASH / XECUSDT is trading inside a Channel Down in the past 18 months.
The price just crossed over the Falling Resistance, that when broken on prior bearish legs, it started a huge parabolic rally.
Buy and target 0.00003950.
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XECUSDT Trade Signal Timeframe: 1H XECUSDT Trade Signal Timeframe: 1H
#Crypto #Cryptomarket #CryptoSignal #Forex #XECUSDT #TechnicalAnalysis #TradingOpportunity #Divergence #TradingSignal #TradingwithBelieve #NASDAQ #USTECH
Hey traders! 👋 Let's dive into a potential trading opportunity on the XECUSDT pair using technical analysis. 📊
📉 Previously Bullish Trend:
Firstly, on the 1H- timeframe, we've been witnessing a Bearish trend in the XECUSDT pair. 🐻
🔄 NO Divergence on HH (Higher High):
However, it's crucial to note that recently, we have started to observe a no divergence pattern on the HH (Higher High’s). This is an important signal that the Bearish momentum might be weakening. 📉🔄
📊 Trade Opportunity:
Currently, we are looking at a potential trade opportunity with a Bullish bias.
📈 Entry Price: 0.000002778
🎯 Stop Loss Level: 0.000002644
🚀TP1: 0.000002893
💰 Investment Advice:
Please remember that trading carries risks, and it's essential to have a well-defined trading plan, proper risk management, and stop-loss orders in place. This analysis is for educational and informational purposes only and should not be considered as financial advice. Make sure to do your research and consider your risk tolerance before entering any trade.
Happy trading, and may the pips be in your favour! 🚀📈💰 #HappyTrading #ProfitOpportunity #TradeSmart #CryptoSignal #StockSignal #TradingwithBelieve
XEC ANALYSIS (1D)XEC has been bullish for a few days now. Examining the waves, I realized that this symbol is inside a large symmetrical pattern located on the I branch. We are looking for sell/short positions in the red box
I specified the invalidation level, closing 1 daily candle above this level will violate the analysis.
To complete the large and time-consuming symmetrical branch I, we expect it to move from the red box to the two announced targets.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You