Xcn short back to $0.018 are now !Entered XCN short just now.
$0.018 target area. Partial along the way
Been shorting xcn for a while now because I don't believe it has bottom yet based on the price action. $0.018 seems like the most probably bottom or a bit lower because that's where it might start to get some strong enough demand coming in to really send the price back to ath. Levels before then are too weak.
Time sensitive
XCNUSDT trade ideas
Xcn short back to $0.2I opened an xcn short a while ago. i used a wider stop than normal because xcn has a strong community and they be going crazy at times . Trade be going okay then you get a big random pump only to dump again.
So am playing it conservative. If a spike like that happens again I'll look to scale in after if am not stopped out.
xcn short to $0.0182Just recently opened an SEED_DONKEYDAN_MARKET_CAP:XCN short.
Its quite high up and looks like it wants to correct back down before continuing the trend or who knows...maybe full reversal.
On the lower tf the bears are in control at the moment.
Trade is roughly 3.78 RR if works out.
Its also a scalable trade so if starts to drop and bounce back up a bit I'll be looking to potentially scale in and tighten my stop to keep risk the same.
$xcn short to $0.026 now!!!So I just now opened a short on $xcn. Been watching it for a while. Its been stubborn but I think very soon tonight it will start to drop down relatively fast.
Its high on the weekly and daily and still bullish on 4hr and hr however its losing support and creating lower internal highs which tells me its only a matter of time before it runs out of space to move and will have to breakout.
odds are to the downsize especially with btc being bearish its likely to correlate....even though i noticed xcn doesn't correlate much with btc but if the move is big on btc it tends to follow.
Time sensitive
Trade is roughly 3RR down to $0.26 area support
$xcn long to $0.035 then dump again!I am currently waiting on this SEED_DONKEYDAN_MARKET_CAP:XCN long setup for today.
It just made a new high on that last 4hr candle close anticipating a slight pullback, there I will look to get in and aim for $0.035
At that point I expect more supply than demand to come in to drive the price back lower.
Should be able to get roughly 3-4RR from this setup.
$xcn short to $0.027 today!Just now entered an xcn position short. I have tight stop and am going to bed right now...whats the worse that could happen lol.
Just in case i get stopped out by a wick I also set another limit short order at $0.0312 with 0.0322 stop area.
Xcn doesn't seem to be held up by much right now and I anticipate it will fall down to daily support. around $0.027
XCN/USDT - Initial pump off previous year lows (600% upside?)XCNUSDT is in the optimal buy zone after the retracement of the ~200% pump in December 2023. With enough time, volume and attention - it's possible that this coin eventually works back to the middle of last year's range @ 0.0094. This would represent a 600% gain from current prices.
Zoomed out - weekly view:
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$xcn #xcn crypto - #NoanFam @CryptoNoanSEED_DONKEYDAN_MARKET_CAP:XCN #xcn #cryptocurrency trading with neutral bias with indication of bullish formation as shown on the chart
1) Long - entry on retest of trendline support
2) long - entry on bullish break out
3) short - entry on breach of trendline support
4 Hours Chart Indicate a Price Action Reversal to the Upside. Keep an eye on this chart. It looks like it is making a bullish hidden divergence on the 4 hour chart. If the horizontal red line drawn holds true, then there is a potential of a reversal price action to the upside.
Not a financial advice.
XCN Scam Coin Season XCN , Chain back then , was a highly seeked coin 1 year ago, until it crashed 95% at once. According to Deepak.eth, CEO of Crypto.com, a single large margin call appears to have exacerbated the flash crash. As much as 500 million XCN worth of tokens purchased ($42.24 million at time of publication) through leveraged was liquidated within a short period .
All the scam coins ftt and luna coins pumping lately , it may actually be Scam Coins Season . Just today , Open Interest change/24h is on a 89.27%. We may actually see hundreds percents gains if this sh1tcoin gains traction.
Disclaimer: DYOR . This is not an investment advice .