XECUSD
XEC sell/short setupWe have a bearish QM on the chart.
The price is approaching a valuable range. We have the overlap of the qm level with a strong OB.
We are looking for sell/short positions in the red range.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
XEC sell/short setupThe big XEC structure is bearish.
Looks like it's creating an internal pullback now.
By reaching the swap range, you can enter the sell/short position.
Closing a 4-hour candle above the invalidation level will violate the analysis
Note that the financial market is risky, so:
Do not enter a position without setting a stop and capital management and confirmation and trigger.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
XEC/USDT NEW INCREASE VOLUMEAfter the main market's downturn, XEC is showing a new rise in volume, which might continue in the upcoming time frames.
This is our first chart update to check if this coin's performance can be confirmed. If it is, we'll provide more updates.
We know XEC can rise with high volume when there is a positive trend.
Not every update will be confirmed and this update is a beta test update before the confirmation.
We will focus on XEC/USDT only after trend confirmation.
5% from here the confirmation could start
#XEC/USDT#XEC
The price is moving in a bearish channel on the 12-hour frame and is largely sticking to it
The price rebounded well from the green support area at the support level 0.00004300, which is a strong level.
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price is 0.00004550
The first goal is 0.00004949
The second goal is 0.00005490
The third goal is 0.00006000
#XEC/USDT Long#XEC
Since April 2022, the price has been moving in a bearish flag pattern that was broken to the upside
Moving Average 100 has been broken
Current price is 0.00003504
First target 0.00004062
Second goal 0.000004797
Which represents 175% of the current price
Please pay attention to the correction areas on the chart
XEC ANALYSIS (1D)XEC has been bullish for a few days now. Examining the waves, I realized that this symbol is inside a large symmetrical pattern located on the I branch. We are looking for sell/short positions in the red box
I specified the invalidation level, closing 1 daily candle above this level will violate the analysis.
To complete the large and time-consuming symmetrical branch I, we expect it to move from the red box to the two announced targets.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
XECUSD: This rise may be a trap.XECUSD turned bullish on the 1D technical outlook (RSI = 59.865, MACD = 0.000, ADX = 22.430) as it is having the strongest 1D candle since June 30th. By doing so it hit both the 1D MA50 and MA200.
However the long term pattern remains a Channel Down since more than a year and that can only change it the Rectangle that has emerged since January, prevails. We can't know that yet but we do know that the 0.618 Fibonacci level inside the Channel has been the most common buy entry since June 2022. Consequently we are untouched by today's rise and will wait for that buy opportunity lower.
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XEC, re-attempting another UPSIDE move.XEC caught everyone by surprise when it surged 100% from 0.022 area. From thereon, it has corrected quite a bit to midline range at 0.5 FIB LEVEL -- where buyers are interested again.
KEY NOTES.
HISTOGRAM HIGHER LOWS 3H
MIDLINE 0.5 FIB LEVEL BOUNCE
Initial net buying volume on 4H.
Spotted at 0.035
TAYOR
Safeguard capital always.
✴️ eCash Hits Bottom, After Bottom We Get New ATHPretty interesting to look at eCash (XECUSD) using this index as it shows two strongly revealing and interesting sessions in the past weeks.
One happened 25-May, notice the huge long lower wick.
All the stops activated, sellers exhausted for sure.
Fast forward to present day and we have an even lower wick, yet the current session is trading GREEN.
Imagine the strong signal that goes out once this day is closed.
Also notice the bullish divergence with the RSI, all pointing up.
This pair might have bottomed and after we hit bottom, it is time to go up!
Namaste.
XECUSDT long ideaBitcoin is currently under resistance, but there is a high potential to break the trend line and turn it into an upward movement. Do not forget that entering any position requires confirmation.
⚠️ "Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
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.
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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.
XEC USDT Long PositioneCash Mainnet on Sept 14! 🔥🚀
$XEC Is a Nice Projekt,But some people with lot of money make it bad ,example they buy 100 000 000 milions of xec and when it Go up with 4% they already win Profit from 100 milion and wegen they sell it back the Price dump and we lose or money who investing with hope
#XEC $XEC FALLING WEDGEavalanche.cash
after I read about "AVALANCHE", I think XEC will make a continuation over there.
They upgrade their network on 14 Sept!!!
Dont forget to set your Stop Lose Guys !
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