We have already past 4 weeks in corrections BINANCE:XECUSDT #eCash. The first strong support is at range around $0.000039 - $0.000040. But be careful, the wick could be down to $0.000036. It would need several weeks to create double bottom on daily timeframe before it can go up to $0.000062. When it happened, it will become long sideways before can continue...
Ecash (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...
XEC eCash Coin is hitting a daily resistance along with downward slopping trendline. We might see a sell-off on this coin so be very very careful.
Ecash (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...