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XEC / TetherUS

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XECUSDT trade ideas

XECUSDT.1DHello dear friends, *Mars Signals Team wishes you high profits* This is a one-day-time frame analysis for XECUSDT.1D The price is currently fluctuating and being tested at our first support line. If the price fails to penetrate above the line and consolidate and we see weakness in the trend, it can move towards our second support line. But if it can penetrate and stabilize above our first resistance line, it can move towards our second resistance line. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
by MarsSignals
XECUSD Approaching the 1W MA50 for the first time in historyEcash (XECUSD) broke today above the 1D MA200 (orange trend-line) for the first time since October 08 2022 and is about to hit the 1W MA50 (red trend-line) for the first time in its history! This is a major Resistance cluster and with the 1D MACD in similar extremely overbought levels as the April 02 High, we expect a pull-back and retest of the 1D MA200 as a support, in similar manner as the 1D MA50 (blue trend-line) was tested on January 17. You see how well the Fibonacci Channel extensions fit the price action of XEC and as a result our next target is on the 2.5 Fib at 0.000059. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
4
Important support level!XEC has been on a steep downtrend over the past few weeks. The price of this currency was hovering over a very important support level, which was broken by the selling pressure that formed throughout the market. But the lower support that was considered in the range of $0.0000255 to $0.0000280 has been met with a positive reaction. This area, which was drawn exactly at the previous floor and within the specified range, can be an area for a possible reversal of the trend and change of direction in the above time frames. Of course, if the resistance of the ceiling of the descending channel is broken, as well as the static resistance of the powerful current. This item requires special support from buyers. Otherwise, if there is an increase in selling pressure in the market and the current support is broken, the price decline can continue to the next range, which is the price of $0.0000200. We can expect a range trend between the specified levels for this week and next week.
by MonoCoinSignal
1