#XAI/USDT#XAI
The price is moving in a descending channel on the 4-hour frame and is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at 0.1860
We have an upward trend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.2110
First target 0.2302
Second target 0.2478
Third target 0.2668
Xailong
#XAI/USDT#XAI
The price is moving in a descending channel on the 4-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area at the lower line of the channel at 0.1750
We have a downtrend on the RSI indicator which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.1800
First target 0.2000
Second target 0.2223
Third target 0.2450
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BINANCE:XAIUSDT
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BINANCE:XAIUSDT
XAIUSDT Chart Idea - Swing Long SetupXAIUSDT broke the falling wedge on daily TF in May and retested today on Friday 6/21. A little bullish BTC momentum can send this chart to the moon since it's a AI play as well. Taking a swing long for next few weeks from current price on the following confirmations.
Confirmations:
- Successfully retested the falling wedge breakout on daily TF
- Daily RSI is in oversold area
Swing Long Setup:
-- Entry: 0.5021
-- TP: 1.18 (0.618 Fib)
-- SL: 0.44