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
1000xecusdt
XEC LOOKS BULLISHIt has broken the dynamic resistance and it looks like a valid break out.
We have a support swap range, but below this range, there are other support ranges.
I specified the invalidation level so that a candle is not closed below this level in the daily time frame, the analysis will not be violated.
The general structure is bullish, and it seems that after eating a little volume around this, the XEC symbol can continue its rise.
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
XEC: A GOOD COIN TO SHORT IF THE MARKET DROPS.Hello traders, let's keep an eye on XEC/USDT. The market is in the overbought zone which means a correction is needed soon.
Timeframe: 4 hours.
Update: If the market drops then XEC could be a good coin to short. XEC is under resistance and in the past, it has been rejected twice. Also, we can see a bearish divergence formation in XEC which supports the rejection.
Trade setup:
The best entry would be $0.04368 to $0.04459.
Stop Loss: $0.04551.
Targets:
$0.04215
$0.04098
$0.03978
$0.03868
Note: Enter this trade only when you see the market dumping. Do not FOMO.
XEC - local scalp with high chance of success🚀Reasons to take short
⭐️ BTC rose a lot
⭐️ Trendline is clear
⭐️ Volume at top
⭐️ Many touches
⭐️ Volume at top
⭐️ 125 ATR
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
XEC - Short with the trend🚧Reasons to take short
⭐️ BTC is bearish
⭐️ Trend bearish
⭐️ Level is 8d old
⭐️ Level is visible on multiple timeframes
⭐️ In the end of formation
⭐️ Volume at top
⭐️ 4th touch
⭐️ Under VWAP
Will enter when price squeezes to the level on lower timeframes, 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