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XECUSDT trade ideas

XECUSDT Levels to trade upon break-outsEcash (XECUSDT) got rejected on the 1D MA200 (orange trend-line) on Sunday and it about to test the 1D MA50 (blue trend-line) as a Support again. The pattern resembles the April 02 rejection. On that fractal, when the 1D MA50 broke, the price tested the Higher Lows trend-line. When that broke as well, a strong sell-off took place. This is the framework to trade and is based on the break-outs (to be more exact candle closings) above or below these levels. A closing above the 1D MA200 would be the first for the year and will largely put the token in a new Bull Phase, targeting initially the 1W MA50 (red trend-line). A break below the 1.0 Fibonacci trend-line, practically extends the Bear Cycle. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
by TradingShot
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
Short
by BuySellMarketMaker
eCash (XEC) - July 7Hello? Nice to meet you, traders. Follow us and you'll always get new information quickly. Please click "Like". Have a great day today. ------------------------------------- (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 --------------------------------------------------------------------------------------------- ** 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.) ---------------------------------
by readCrypto
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
Short
by Artem_Dishel
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