Xinfin
X for XinFin ⚔️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
🚀 Following a 175% surge in July / August , XDC has been in a correction phase for the last couple of month.
However, XDC is currently approaching a strong support zone around 0.04 marked in blue.
📈 For the bulls to take over again and start the next impulse upward, we need a break above the last major high in red around 0.055
📉 Meanwhile, XDC would be bearish and can still test the blue support where we will be looking for new short-term buy setups.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
XDC Xinfin IS ABOUT TO RIP TO THE UPSIDEXDC Xinfin has been in this falling wedge bull flag pattern for a while and it broke out and is now holding above it. The RSI and the Stoch RSI is getting a fresh curl to the upside. I believe XDC is about to explode. I would say about $.06 then a correction and continuation to the upside after that. I believe XDC can get way past its all time high in this next run. If I take a measured move of the wedge/flag it would put XDC over a dollar. This is not financial advice this is just my opinion. Thank you
XDCUSD Strong bullish break out signalXDCUSD is having an excellent two week bullish streak as after last week's candle that crossed over the MA100 (1w), this week the price is attempting to close over it.
It also crossed above the Channel Up and we need the Fibonacci Channel levels to determine the next High.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 0.0800 (Fibonacci 1.5 extension).
Tips:
1. The next target after a strong pull back will the the All Time Falling Resistance. Above that, XDC will aim at a new All Time High.
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C & H on XinFin (XDC)Cup and handle pattern on the long term chart of KUCOIN:XDCUSDT XDCUSD.
Fib levels show a 2025 cycle top price target of at least $0.75 (25x from today's price of $0.035).
If fib level 2.272 is hit, that would put the price of XDCUSD by the end of 2025 at around $3 to $4 (100x from today's price).
Disclaimer: Keep in mind that market predictions are about as reliable as a weather forecast in outer space. Use this analysis as a conversation starter, not as financial advice. Investing in cryptocurrencies carries risks, so do your homework and make informed decisions. Remember, no crystal balls here—just a pinch of insight and a dash of caution
XDCUSD About to break above the 1D MA50. Bullish.The XinFin Network (XDCUSD) is on a noticable rise today after it held the previous days and rebounded on both the 1W MA50 (red trend-line) and 1D MA200 (orange trend-line). The Fibonacci Channel levels gives us a better understanding of the Support and Resistance levels involved during this uptrend since the December 07 2022 market bottom.
If the price closes a 1D candle above the 1D MA50 (blue trend-line) we may see a rally similar to mid March - April, since the MACD has just completed a Bullish Cross, the first since March 13. In that case, we will take this bullish break-out signal and target more comfortably first Resistance 1 (0.04545) and then the 2.0 Fibonacci extension and 1W MA100 (yellow trend-line) cluster at 0.05200.
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$XDC that was the lowXDC Been moving rather sideways last couple of months, but now you will see it starting to form and finalize either the rounding bottom or end of the cup for the C&H.
This 2day chart shows the momentum is up on the Stochastic RSI and MACD. Today we saw large volumes come in to push the price up!
XDC XINFIN Descending Broadening Wedge Bullish Reversal IncomingXDC has been in this long correction consolidation as have most of the other cryptos in this bear market. It seems like XDC has found a bottom or is finding a bottom. This descending broadening wedge pattern that formed after a major bullish run is a great pattern and will result in a nice upside move to start XDC's next run up to possibly $3 on this next run. The descending broadening wedge breakout will result in a measured move of at least $.27 cents. XDC has been gaining alot of popularity lately in the crypto community and I think XDC is going to jump up into the top 10 or 20 very soon. Its fundamentals are amazing as well. Dont sleep on this one guys this is probably the easiest 100x there is in my mind. I show in the chart that XDC top will be around December 2023, I dont know if that is exactly when it will happen, it could be faster or it could be into 2024. Regardless XDC is about to melt faces and Ive been saying that for a long time. I will leave statistics below about how this descending broadening wedge will/should play out, its a direct copy and paste from CENTRALCHARTS.
A descending broadening wedge is bullish chart pattern (said to be a reversal pattern). It is formed by two diverging bullish lines.
A descending broadening wedge is confirmed/valid if it has good oscillation between the two upward lines . The upper line is the resistance line; the lower line is the support line.
Each of these lines must have been touched at least twice to validate the pattern.
NB: a line is said to be "valid" if the price line touches the support or resistance at least 3 times.
This implies that the descending broadening wedge pattern is considered valid if the price touches the support line at least 3 times and the resistance line twice (or the support line at least twice and the resistance line 3 times).
A descending broadening wedge does not mark the exhaustion of the selling current, but the buyers’ ambition to take control. The divergence of the two lines in the same direction (increase in price magnitude) informs us that the price continues to fall with movements that are increasingly low in magnitude. The sellers manage to make the price rebound on the resistance line but lose control after the formation of a new lowest point. The highest point reached during the first correction on the descending broadening wedge’s resistance line forms the resistance. A second wave of decline then occurs of more magnitude, signalling the sellers' loss of control after a new lowest point. A third wave forms afterwards but the sellers lose control again after the formation of new lowest points.
During the formation of a descending broadening wedge, volumes do not behave in any particular way but they increase strongly when the support line breaks.
FORMATION OF A DESCENDING BROADENING WEDGE AFTER A PEAK
This type of pattern appears during the correction in a bullish movement, it is a bullish continuation pattern. Resumption of the bullish movement after correction.
The break in the resistance line definitively validates the pattern.
The price objective is given by plotting the wedge’s maximum height onto the breaking point
NB: pullbacks are harmful to the pattern’s performance.
Statistics of the descending broadening wedge after a bullish movement
- In 79% of cases, the exit is bullish.
- In 23% of cases, a descending broadening wedge occurs in a consolidation movement.
- In 81% of cases, the pattern's price objective is achieved when the resistance line is broken.
- In 40% of cases, the price makes a pullback in support on the descending broadening wedge’s resistance line.
$BLZ/USDT 1HRswing traded this couple times, first time used tight stop loss but got wicked out of the trade for it to pump right after, scalping now for quick long, Target for take profit is 0.15640, with a more liberal stop loss. as this can move fast in either direction, support and resistance lines drawn , as well as fibs for reference,
XDC BACK TO $0.01 (£0.0082)- XDC is a ISO20022 compliant crypto, it will do very well long term, however due to bitcoin being the leader I believe XDC will also fall and also a recession is coming aswell.
- If XDC goes to £0.0082 £1,000 gets you around 121,951 XDC coins.
- 1st Target 4.618 $0.81 (£0.67) 81 X RETURN
- 2nd Target 34 FIB LEVEL $5.65 (£4.66) 568 X RETURN
- 1,000 X 81 = £81,000
- 1,000 X 568 = £568,000
- NOT FINANCIAL ADVICE!
XDC USD : BULLISH DIVERGENCE, DESCENDING CHANNEL = BREAKOUT!XDC XINFIN USD Is at the bottom of the descending channel, this I believe is the bottom for XDC. This is a major accumulation zone, and where I am accumulating. There is major bullish divergence on the MACD which indicated to me that a big move is incoming. I believe because we have had 5 or 6 touches in the channel that this channel is pretty much done and the breakout is coming now after this low of 3.5 cents. We may have one more wick down to 3 cents but I believe this correction is over and the breakout is coming, and the breakout is to the upside which I am verifying with the bullish Divergence on the MACD. Without this bullish divergence then it would be 50/50 to breakout out eh downside or the upside, but because of the bullish divergence on the MACD i am almost certain that this will bust out to the upside. This is a great area to accumulate in my opinion. This is not financial or trading advice this is just my opinion. if you find this content useful then please leave a like, comment, and follow me for more analysis and updates. Thank you
XDC XINFIN USD Falling Wedge & Bullish Divergence = Breakout!XDC looks like the bottom is in, maybe a few wicks down but overall the bottom is in and now its time for a breakout. The falling wedge is at its apex and there is nice Bullish divergence on the MACD with XDC setting lower lows while the MACD is setting higher lows. Something is coming and I believe its throughout the entire crypto space. I think the entire market is about to see a massive wave up thats going to leave 90% of people in the dust because they are bearish, but lets be honest this happens every single time. The market moves in the opposite direction as the crowd otherwise no one would get rich off the market and everyone would know when to buy and when to sell. This is not financial trading advice, this is just my opinion. Follow me for more updates and if you have any questions or opinions you would like to share then please leave them below. Thank you and good luck!
Top pick 1/3 - XDCWhy I went in heavy on XDC:
1 Uphold recently announced they would add XDC to their platform
2 Stong marketing action behind the coin (national sports team)
3 It is an ISO 20022 coin
3 Technical analysis is showing strong set up
4 Very much undervalued coin (still small 800 million market cap)
5 Supported by the World Trade Organisation who are backing this technology
For all theese reasons I took a BIG position in XDC (13% of my portfolio - position number 4)
I even sacrificed other top projects, since the opportunity seemed very compelling.
On a technical side XDC has convincingly broken out against Bitcoin, out of a bullish wedge, after a 70% correction from ATH.
MACD has just crossed on the weekly time frame.
Volume is picking up.
All this indicators are bullish XDC
Most importantly if XDC is bullish, that is bullish for BTC and the overall cryto market.
In fact I do not buy all the bearishness in the market.
I will publish 2 further Top picks and show how I believe the Bitcoin domninance is giving us a hint on the overall digital asset market.
XDC Xinfin - FIFTH WAVE INCOMING TARGET 4 DOLLARS These fractals are playing out in the entire market. There is a massive 5 wave coming and I even believe that it will be much more powerful than the 3rd waves similar to commodity markets. The indicator I am using is the Williams Fractal Indicator. This indicator has call the macro bottoms in XDC multiple times and the tops as well. It looks like May will start the rally. This is not trading advice just my opinion.
XDC CORRECTION NEARING END! BULLISH DIVERGENCE, LOAD UP!This correction in the market has been a pretty nasty one shaking out the weak hands so big money can get in as low as possible for the next major run up. With the new Omicron Variant things took a tumble in all markets, similar to that of when the delta variant and the beginning of the "demic" happened. These are obviously market manipulators and as you can see the volume is running out on the sellers end. This is a healthy correction especially how XDC had moved up exponentially in the last year or so. Nothing can go straight up there needs to be some re-accumulation and consolidation at some point. We are nearing that end now and buyers should be returning to the market pretty soon.
The divergence indicator I am using shows there is multiple divergences that are showing a clear sign of a reverse in trend and another big run to the upside. If you compare to the other times this many divergences happened you can see that we had a nice move up. Also the RSI has a fresh curl to the upside and the stochs are crossing over and a buy signal was printed. XDC has a super strong chart unlike many other crapcoins that went straight up out of hype and now they are going straight down. These corrections are needed and will continue to happen so don't get scared when you see stuff like this, this is the time to buy, when everyone else is selling!
This is not trading or financial advice this is just my opinion and what I see. If you have any questions or if you appreciate this idea then leave a comment. Follow me for frequent updates and if you have a coin or chart you would like me to look at then let me know. Thank you!