XEC Downtrend Update
After the ABC correction shown in my previous analysis, we have a motive wave to the downside.
I´m considering wave 1 to be an extended wave. Therefore, by EW parameters, we would have wave 3 shorter than 1, and wave 5 shorter than 3.
Blue resistance is an probable target for wave 4.
#XEC (SPOT) IN( .000030- .000036)-T (.000180) - SL (.00002963)BINANCE:XECUSDT
#XEC / USDT
Entry ( .000030- .000036)
SL 1D close below .00002963
T1 0.000051
T2 0.000069
T3 0.000100
T4 0.000140
T5 0.000180
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Golden Advices.
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* collect the coin slowly in the entry range.
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eCash / Tether (XEC) reached its highest price on Sep 4, 2021 — it amounted to 0.00049999 USDT. Find more insights on the XEC price chart.
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