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
XECUSDT
RLC WILL BECOME A HYPE COIN AND THIS IS WHYDear traders,
The most tokens that did increase well - there was always a data that we could study before the increase, and with years of experience, i did mix the data from other increase to see witch coin have the possibility to have the coming green cycle increase - and found that RLC are one of the coins that could enter into the new hype with high %.
Know that crypto markets can be always risky, and that there is no guaranty for any increase - it deepens all on higher chance.
And yes RLC have the chance, and with the time we will see or this green cycle that did confirm if it will go further, and if that happen, we would enter new high targets .
When the spot whale increase starting more, as the DCA wallets starting to increase - we will see this coin entering higher ranges.
Depending on TA - this could only be the start for a new range increase of this coin.
Prices changes now in some cents range by RLC, if the whale trend getting entering, the trade will changing in much higher volume, what could entering dollars range changing in short term.
Its not about fast trade as its cycle trade - it depend on patient and follow to get right in this coin.
This article are not a trading advice.
eCash (XEC) - July 7Hello?
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(XECUSDT 1D Chart)
The key is whether it can be raised to the 0.0000 6606 to 0.00008300 section and supported.
Prior to this, you should ensure that you are supported in sections 0.0000 3844 to 0.0000 4309 and can rise above 0.0000 4677.
If it is supported above 0.0000 4677, it is expected to lead to further increases.
Primary resistance: 0.0000 5408
Secondary resistance: 0.00006606
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** All indicators are retrograde indicators.
So, it's important to know that the indicators move along with the price and volume of the transaction.
However, for convenience, I'm talking upside down for interpretation of the indicators.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV index was re-created by applying the formula to the Depth House Trading index released by Oh92. (Thank you.)
** Support or resistance is the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee gains or losses in the investment.
(Short-term Stop Loss is a point where profit or loss can be preserved or additionally entered as a split transaction. It's a short-term investment perspective.)
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eCash vs Tether (Low Risk + Higher Potential Rewards)We are looking at the 3D chart for XECUSDT (eCash).
This is a low risk setup.
We can see a nice 170% profits potential mid-term.
Where a stop-loss can be set at around 23%...
You get a good R/R ratio on this one.
This is not financial advice.
Additional details on the chart.
Namaste.
XEC scalp. Free money here💵💵💵Reasons to take short:
⭐️ BTC bearish
⭐️ Strong bear trend
⭐️ Level is clean
⭐️ Price is squeezing to the level
⭐️ Liquidated bears recently
⭐️ 4th touch
⭐️ Under VWAP
Will enter when price squeezes to the level on 5m timeframe, the base will form and the strip will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
XEC - local scalp with high chance of success🚀Reasons to take short
⭐️ BTC rose a lot
⭐️ Trendline is clear
⭐️ Volume at top
⭐️ Many touches
⭐️ Volume at top
⭐️ 125 ATR
Will enter when price squeezes to the level on 5m timeframe, the base will form and the strip will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
XEC - Short with the trend🚧Reasons to take short
⭐️ BTC is bearish
⭐️ Trend bearish
⭐️ Level is 8d old
⭐️ Level is visible on multiple timeframes
⭐️ In the end of formation
⭐️ Volume at top
⭐️ 4th touch
⭐️ Under VWAP
Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
XECUSDT (ECASH) Daily tf Range Updated till 3-4-22XECUSDT (ECASH) Daily timeframe range. there are not much of solid data behind this chart as its fairly new listed with very generic price action. that tells not much of retail interest like other alt's and that explain the slow bleeding till the lower zones. going down from listing number never a good rep. price #discovery messes things up. but hey there is a chance to retrace back for the distance from its top. as for its generic price action the chart is clean and lots of gap within range, how it will be respected depend on volume that will coming in and its holders.
eCash XECUSDT - New bull market + Bullish rectangle!- eCash is turning bullish, right now the coin is breaking out of the bullish rectangle.
- On the daily chart we can spot a double bottom reversal pattern + trendline breakout.
- Profit target is previous all time high.
- The neckline is breaking out and volume favors bulls.