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XDCUSD trade ideas

XINFIN XDC Has a distinct cycle which should continue.See the chart and notice that XDC has very distinct cycles and it looks like another one is in the works and about to play out. This recent dip in price wasn't really about selling, rather it was because the Bitcoin price took a nice dip and everything is pretty much pegged to Bitcoin in this market. There is also a couple of Bullish engulfing candles that happened over the past couple weeks and in previous it was the precursor to a large move up in price. Also the percentage of gain from the bottom in each cycle to the top is a much greater percentage gain each time. This is a powerful chart and I believe we are going to smash the ceiling in this next run before a long term 3 + year correction. Not financial advice. Let me know what you think guys and thanks for looking. Good luck.
BITFINEX:XDCUSDLong
by Bitgolder
XDC Is Still Looking GoodXDC still playing along inside the rising channel. I believe there will be a bullish break to this channel. Either way we are going to at least mid 20's to 30's cents before we either break the top resistance line of the channel and hit some nice price targets, or we continue to play along this channel in a steady uptrend. Either way I see goo things for XDC. I will also post another logarithmic chart that looks even more bullish and targets on that are pretty high. Check it out and let me know what you think. Thank you and good luck everyone.
BITFINEX:XDCUSDLong
by Bitgolder
2
XDC possible breakout incoming$XDC Update: The price is at a critical point right now with the RSI consolidating sideways below 50, and a strong medium-term uptrend acting as support. Key levels to look out for right now: Resistance zone - $0.1203 to $0.1267 Support zone - $0.0931 to $0.1004 (also at the 78.6 Fib ext) The price is currently trading towards the apex of an asymmetrical triangle that has been forming on a daily timeframe, whilst also trading within the resistance zone identified on the chart and mention earlier in this memo. Provided the price breaks out of this range, the next key level of resistance would be $0.1311 which is also situated perfectly on the 50 Fib ext. If the formation is invalidated and the price breaks to the downside, we would be looking for a bounce at the support zone identified. #DYOR #NFA #XinFinNetwork
BITFINEX:XDCUSD
by GrowYourCrypto
2
XDC Update - Weekly Stochastic RSI Cross!Before reading, get rid of your moonboy mentality and no emotions for dips/corrections! Cannot rule bearish scenarios! Dips are for buying!! People are so focused on the hourly/daily timeframe that they get emotional on every dip! Take a step back to the weekly/monthly timeframe and see why I'm so bullish now. Stop looking at the short term dips/rise. Short term is irrelevant for the move that is coming! You can't be emotional in these markets (stocks, forex, crypto, real estate, etc.). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know are on the charts. News are manipulated by the elites, and they take advantage of our emotions. Stop listening the news and pay more attention to the charts. Don't follow the majority, because the majority will lose in the end! Also, don't buy the hype when everyone is buying.. instead buy the fear when everyone else is selling Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are buying opportunities! Huge gains opportunity in the coming months! Never trade blindly. Use multiple indicators to make calculated decisions. Trade with no emotions! Facts: 1. Stochastic RSI - during the start of the bull market, when K (Blue line) cross over D (Red Line), we 2x-28x. We crossed again! Awaiting over 20 LEVEL for confirmation! 2. RSI - We have been bouncing the trendline for 2 years! Highly oversold on the weekly chart! 3. Look up ISO 20022! Will be used in the future! Fundamentally strong! Buy Target: Target 1: Support level: 0.11 Target 2: 0.08 - 0.12 (Corresponds between the 0.382 and 0.618 Fibs) Sell Targets: Target 1: 0.52 (corresponds to the 3.618 Fib) Target 2: 0.61 (corresponds to the 4.236 Fib) *Not financial advice* but a 10k investment can turn into $50k+ in just a few months! "If you can't beat the fear, do it scared!" "Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet. "Markets are a device for transferring money from the impatient to the patient. - Warren Buffet "Show me the charts, and I'll tell you the news." - Bernard Baruch "The secret to investing/trading is figuring out how rich you want to be and how poor you're willing to become." "If you want to live like the 5% of the population who are hugely successful, then don't act like the 95%!"
BITFINEX:XDCUSDLong
by jaydee_757
2
#XDC 4H TIME FRAME TECHNICAL ANALYSIS - #xinfin #wearexinfinAs we can see today XDC has been on the move after yesterdays big move to the downside. If we get a continuation with upside movement I expect price to push into the zones marked. The major areas of resistance will be the lower highs which I have marked on the chart. Currently the trend line has been broken giving us abit of confluence to a change in momentum. This being said I wouldn't really classify XDC being bullish till we can get a break of the previous major lower high. All on eyes on the levels marked. Price never goes up in a straight line. Expect pullbacks along the way. Its all part of healthy market structure
BITFINEX:XDCUSDLong
by JakeChd
1
#XDC 4H TIME FRAME TECHNICAL ANALYSIS As we can see today XDC has been on the move after yesterdays big move to the downside. If we get a continuation with upside movement I expect price to push into the zones marked. The major areas of resistance will be the lower highs which I have marked on the chart. Currently the trend line has been broken giving us abit of confluence to a change in momentum. This being said I wouldn't really classify XDC being bullish till we can get a break of the previous major lower high. All on eyes on the levels marked. Price never goes up in a straight line. Expect pullbacks along the way. Its all part of healthy market structure
BITFINEX:XDCUSDLong
by JakeChd
1
XDC Xinfin Network comparison to Ethereum fractalXDC Xinfin Network comparison to Ethereum fractal, like is possible to see i believe that XDC is at the same fractal moment of Ethereum in 2017! I believe that xdc will start to climb the same way as Ethereum did in 2017. The TFD intiative consortium will enable to bridge the US$19 trillion trade finance asset class with any type of funder through tokenisation and digital assets. The TFD Initiative, whose members include major global financial institutions and leading service providers such as ABN AMRO, Santander Asset Management, ING Bank, SMBC, ANZ, Commonwealth Bank of Australia, Texel Group, NN Investment Partners and more, recognises the vital role blockchain will play in shaping the future of the trade finance sector, which has already been successfully implemented in other areas of finance. I need to remind the TFD initiave consortion is the second consortium to announce XDC Xinfin Network as the principal blockchain ecosystem, the first one was R3 Corda that will live in 2025. So fasten the belts that this rocket will moon!
BITFINEX:XDCUSDLong
by CryptoInvestidor
4