EMA, The correct way of usage - Part OneIn ARZ Trading System, we use multiple EMAs to analyze the market, as follows:
1. 200EMA, 100EMA, & 50EMA: Analyze the big picture (Major Structure). What is happening in higher timeframes? Long Term Bulls are stronger or Bears?
2. 20EMA, & 13EMA: Analyze the trading timeframe (minor structure). When to enter a trade and how to manage it? Short Term Bulls are stronger or Bears?
Points to consider:
1. If an EMA is flat, it's not a valid S&R and we expect the price to break it easily. If not, it'll act as a strong S&R and we expect a strong movement after Pullback on it.
2. Based on the period of Flat EMA, the fluctuation around it could be big and bigger. It means, a flat 20EMA has a smaller range of fluctuation and shorter duration of ranging market around it, in compare to 200EMA which generally is wider and longer.
3. If EMAs are close to each other, cannot act as S&R. Only when there is some distance between them we can see them as S&R that can encapsulate price between them for a period of time.
Here we see a strong bullish entry after hitting Flat 200EMA and 50% LTP. If cross and closed above all EMAs, a Pump is in hand!
To be continued...
Xempire
$X Token Gains Momentum as Binance Launches Perpetual ContractsIn an exciting development for the NYSE:X token, Binance has listed it as a trading pair in its perpetual contracts, a move that's set to drive substantial market interest. This development comes alongside Binance’s latest futures offerings, giving users access to leveraged trading up to 75x. With this listing, NYSE:X is poised for potential upside gains as traders and investors react to the expanding trading opportunities.
Technical Analysis
The NYSE:X token’s daily chart reveals a promising falling wedge pattern, often signaling a bullish reversal. Trading currently above key moving averages (MAs) and up 5.51%, the token shows resilience, holding strong even amid recent retracements. Additionally, the Relative Strength Index (RSI) is sitting at 48, suggesting balanced momentum with a potential upward shift as buyers gradually regain control. Traders are closely watching for a breakout from this pattern, as this could catalyze a rapid price surge.
Volume dynamics further emphasize this potential. In the wake of Binance’s listing announcement, NYSE:X saw a significant 102% spike in intraday trading volume. Such a surge in volume underscores heightened interest, with traders positioning themselves in anticipation of a stronger price rally. This volume uptick also supports a potential bullish continuation as demand outweighs supply.
Binance Listing Sparks Optimism
Fundamentally, Binance’s addition of NYSE:X to its futures and perpetual contract offerings opens new doors for market participation. By allowing up to 75x leverage, Binance offers traders substantial upside potential, making NYSE:X a particularly attractive asset for those with high-risk, high-reward strategies. The exchange’s user base, known for its active trading engagement, is now positioned to push demand for NYSE:X even further.
Further, Binance’s reputation for boosting assets upon listing adds to the optimism surrounding NYSE:X ’s potential. Previous tokens, such as PNUT and ACT, saw impressive price hikes following their Binance debuts. The listing also brings added credibility and visibility to NYSE:X , likely enhancing its attractiveness to a broader audience.
Future Outlook
Beyond technical signals and exchange activity, NYSE:X ’s fundamentals remain compelling. With a supportive and rapidly growing community, the token has gained traction through various initiatives aimed at increasing adoption. The combination of strong tokenomics and a passionate user base aligns with a long-term bullish outlook. As more users enter the ecosystem via Binance’s leveraged options, increased liquidity and market interest are likely to push NYSE:X to new heights.
Two weak candles, then strong! (X Empire)If current candle closed as a weak one (like Pinbar), we have 2 weak candles in the direction of the uptrend that is a sign of strong upward movement coming after it.
If not, price will continue downward.
Likewise, after two strong candles in the direction of a trend, we have to see a weak one. It is normal!
EMA, The correct way of usage - Part Two - PullbackOur core belief in ARZ Trading System: Trading, is to have an "expectation" from the market. If not, at any movement, the trader will be confused! If you look at the market and don't have any expectations, don't trade! In a future article, we will discuss what to do if an expectation is not met.
In the case of Pullback, Price is not a ball, and EMA (or any other kind of S&R) is not a brick wall, especially in this case.
If you put an EMA with any period, you'll see that the price crosses it easily most of the time! Then, it might come back as a shadow or a Fake Breakout. This means we should have a confirmation system for accepting or rejecting a Pullback. Otherwise, we'll always see a pullback shaping!
Key Note 1: the higher the EMA period is, the longer will take for a pullback to shape!
Key Note 2: Never trust and trade based on just one S&R level! Always have at least 2 or 3 levels to confirm your pullback. Either in a classical way by drawing trendlines and channels, or using any kind of Indicator as a means of dynamic S&R level.
Key Note 3: a flat EMA is supposed to break easily! If not, it'll reject the price strongly. It means we have to wait for what will happen at a flat EMA to decide what to do next or expect the price will breach it (Please refer to article part one).
Key Note 4: An ascending EMA can only act as a support, and a descending one acts as a resistance, not the other way! This is critical, believe me!
Accepted ways of confirming a pullback in the ARZ System are:
1. Wait for a strong reversal pattern to shape at S&R. Never jump the gun!
2. Use a Volume Indicator like WAE (Waddah Attar Explosion) to confirm your entry at the S&R level.
In this chart:
- Pullback #1 (Bearish Engulfing) is not accepted, because it's just based on one S&R (13EMA) and the reversal pattern closed near the support of MC.
- Pullback #2 (Bullish Engulfing) is strong but closed near 100EMA. Can't trust it.
- Pullback #3 is awesome! This is a multi-candle Evening Star (Key Note 1&2), of 100EMA & Resistance of UTP & MC.
- Pullback #4 is again good but has closed near the low of MC and is risky to take.
X Empire price has done something incredible !)💰 Something phenomenal has happened that hasn't been remembered for many years: NYSE:X #Empire altcoin has made +1750% in a week
Whether it was the exchange's promotional campaign, #Trump's election victory+ his colleague #muskempire and everything directly or indirectly related to him are now “in chocolate” or all together, but God grant most altcoins to grow like this.
Then we will feel the real taste of the alt-season
The #X #marketcap has grown from 20 million to the current 300 million.
We have two questions for you:
Where will the OKX:XUSDT price go next: 🐳 along the blue route by $0.0014 or 💔 along the red route by $0.00014 (the difference is only 0 or 10 times ;)
What other low-cap altcoins do you think will pump like this? You write your options in the comments, and we will analyze some of them and publishing ideas here
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
Target levels (X Empire)The ARZ method is based on Wyckoff. The base (range) is MC which you can see in the chart. After breaking of this range, if price moves in one direction and stayed in the momentum (Bullish or Bearish with acceptable retracements), we expect the movement to continue on.
Here we see price has achieved 3 of the targets which are: $0.00031, $0.00045, and $0.00059 . If movement continues, next 3 targets are: $0.00073, $0.00087, and $0.00101 . After reaching each one of these targets, we expect a retracement, and it can be strong, then no worry should come with it.
And again, whatever happens, I'm holding tight to $X!
X Empire(X) can PUMP[+10%_+20%_30%]Today, I want to analyze the telegram game token X Empire , which has been listed in various exchanges for about 1 day , so that if you participate in the Airdrop of this telegram game , where you can sell your tokens or even profit from the increase in the price of the token X .
X token ( OKX:XUSDT ) has managed to break the Downtrend line .
I expect X Empire(X) to rise again after the pullback to the Downtrend line and attack the resistance zone , and if the resistance zone is broken, we should expect it to rise to $0.000084 & $0.000091 .
⚠️Note: Because there is not much data on token X, be sure to observe capital management in this position more than before.⚠️
⚠️ Note: If you have the X token and want to sell, the resistance zone can be a suitable zone, or if the support zone breaks, it is better to sell this token because it is more likely to fall. ⚠️
🔔Be sure to follow the updated ideas.🔔
X Empire Analyze ( XUSDT), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
X Empire Token ($X) Got Listed Today But Saw a Slight DipX Empire Token ( NYSE:X ), a Tap-to-Earn mini-app on the TON blockchain, has been making headlines recently—but not for the reasons many would have hoped. After getting listed on major exchanges like Bybit, Bitget, and OKX, NYSE:X saw its price quickly plummet from $0.000108 to $0.00005868, sparking outrage among early investors and participants of the game’s airdrop. Some are calling the project a scam, while a few remain optimistic about its long-term potential.
Let’s break down the current state of NYSE:X , exploring both the technical and fundamental aspects, and assess where the token might be headed in the coming days.
Fundamental Analysis
X Empire ( NYSE:X ) is marketed as a Tap-to-Earn Mini App integrated with other mini apps on the TON blockchain. The project aims to tap into the gamified experience of earning tokens, allowing users to engage with mini-apps and earn NYSE:X tokens. However, shortly after its listing, users voiced frustration, accusing the team of mismanagement and branding the project as fraudulent.
One user pointed out that X Empire processed a $27 million transaction while the token’s market cap is around $32 million. This discrepancy has raised questions about the token’s financial structure and transparency.
Amidst the negative sentiment, some holders remain bullish. A handful of users believe NYSE:X could surge 50-100x in the next 72 hours, comparing the token’s potential to other explosive meme coins. But with a sharp 45.35% price drop in just 24 hours and dwindling market confidence, many remain skeptical.
Current Market Data
- Live Price: $0.000059 USD
- 24-Hour Trading Volume: $21.9 million
- Price Decline in the Last 24 Hours: -45.35%
- Market Cap Ranking: #2742
- Circulating Supply: Not available
- Max Supply: 690 billion NYSE:X coins
Despite the grim performance, NYSE:X continues to garner attention with a high trading volume, indicating that it is still on the radar for both traders and investors looking for speculative opportunities.
Technical Outlook
From a technical perspective, NYSE:X is currently down 27%, trading at $0.000079 at the time of writing. Most of the selling pressure has come from airdrop participants, leading to a bearish trend. Many of these users are looking to offload their tokens, which is contributing to the constant price decline.
However, on the 15-minute price chart, NYSE:X is showing a bullish harami pattern, a technical formation that suggests potential for a price reversal. This indicates that there could be some short-term optimism, especially if the influx of buyers persists. If the token manages to attract enough buyers, it could target the $0.0001 pivot point, a key psychological and technical resistance level.
Key Support & Resistance Levels:
- Immediate Support: $0.000058
- Key Resistance: $0.0001 (pivot point)
- Overhead Resistance: $0.000108 (initial listing price)
In the short term, NYSE:X will need to break through the $0.0001 mark to regain market confidence. However, traders should be cautious as the RSI (Relative Strength Index) is likely to show oversold conditions soon, making it a highly volatile asset for day traders and short-term investors.
Conclusion: A Tale of Two Perspectives
The X Empire Token ( NYSE:X ) is facing significant hurdles, with growing skepticism surrounding its legitimacy and future potential. However, the presence of bullish patterns on shorter timeframes indicates that the token could experience a short-term rebound if market conditions improve.
For now, the project is battling jeets (weak holders) and bears, and all eyes are on the next 2 to 3 trading days to see if NYSE:X can consolidate and find stability. Those who are bullish believe the token could reach new highs, while others remain wary of the risks.
If you're considering trading or investing in NYSE:X , it’s crucial to stay updated on the latest developments and market sentiment, as both could heavily influence its next move.