XECUSDT trade ideas
eCash 2025: 2,656% Potential & Market Variations ExplainedHere we have eCash, this is our next chart. It is interesting to notice first that growth has been happening since June 2023. Maybe this is why some peak first and others later down the road. Many pairs are producing new lows in August and September 2024, this pair has a higher low. The pairs with a higher low like this one are already green for an entire year plus three months, give or take, while the others would start the count from this same month. That's how we can get to some pairs growing for 566 days, 600 days while others complete their bullish cycle in 360 days and others in 120 days. It truly depends on when they hit bottom.
Regardless of the bottom; a rising wave lifts all boats. So in 2025, most of the market will grow.
This phrase can be a bit misleading though because not all the pairs will grow. I was under this impression in the past and made some mistakes and ended up with some stagnated pairs. Now I focus on the chart and actual data to make sure to get the ones that are going to perform the best rather than going by generalizations.
Since February 2024 there has been an increase in trading volume. XECUSDT is good for 2025 and this is proven by the last bullish wave. 492% to start is not bad, quite good actually.
Looking at the current price and between 8-12 months of bullish action, we can see targets producing total growth amounting to 582%, 1,623% and even up to 2,656%. There can be more. Less, not likely.
We've been here before. We've seen Crypto and the market tends to move bigger, better and higher than expectations, always, never worse.
Prepare for massive growth.
Patience is key.
Plan ahead.
Stay focus.
Keep calm.
Namaste.
XEC/USDT NEW INCREASE VOLUMEAfter the main market's downturn, XEC is showing a new rise in volume, which might continue in the upcoming time frames.
This is our first chart update to check if this coin's performance can be confirmed. If it is, we'll provide more updates.
We know XEC can rise with high volume when there is a positive trend.
Not every update will be confirmed and this update is a beta test update before the confirmation.
We will focus on XEC/USDT only after trend confirmation.
5% from here the confirmation could start
#XEC/USDT#XEC
The price is moving in a bearish channel on the 12-hour frame and is largely sticking to it
The price rebounded well from the green support area at the support level 0.00004300, which is a strong level.
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price is 0.00004550
The first goal is 0.00004949
The second goal is 0.00005490
The third goal is 0.00006000
XEC eCash Post Halving Swing Trade IdeaWe 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 to go higher.
So this idea would be making sense for 1-2 months. I'll update again two months later.
#XEC/USDT is respecting the Diagonal Trendline as support in 4-H#XEC/USDT is respecting the Diagonal Trendline as support in 4-Hour TF!
TSX:XEC is consolidating between PDL and PDH. I am expecting a bounce toward the PWH $0.00008575 major resistance level. The local support level is PWL $0.00005930.
XEC on a rip but scams abound...Scams are still plentiful. The infamous xecwallet.org is back up and stealing your coin but I noticed a new twist. I use a particular wallet that only allows XEC transfers on the BSC. Happens that I had several XEC contracts on BSC saved on that wallet. One day I noticed one of the balances was 29,000,000 XEC. After some further investigation into the contract, it's a phishing scam. It even says so in the contract name. Apparently if you try to transfer your imaginary balance the contract creator gets your BNB to pay gas fees and your 29,000,000 XEC has disappeared. Trade safe my friends and beware of these wallet phishing scams. They can easily wipe out your entire wallet balance just from comfirming a transaction. DYOR, internet search is your friend. Use it wisely and please don't get burned. If you have any comments or questions about this feel fre to DM me...
Incoming Support level on XEC. Big bounce expected soon.Pretty high volume support level coming up. I expect a nice bounce, then some possible sideways action if we cannot V shape out of the zone. This bounce really depends of the rest of the market, more specifically bitcoin rallying back up off its incoming support level as well.
XEC KILL THE ZERO !XEC will probably kills the zero. XEC is layer-1 which is very ready to become a scalable blockchain. Apart from that, XEC itself has many very interesting roadmaps, one of which is halving!
other than that, I'm really waiting for Avalanche, Avalanche will make a significant difference to XEC which will be released soon.
my ultimate target for this coin is to be at least a top 20 coin based on its market cap!
Less Than 20 Days Left to eCash ($XEC) HalvingMost Altcoins followed the trajectory set by Bitcoin and this is no exception with eCash ( TSX:XEC ) for the broader market throughout this week, its turning point came up on March 24, when it recorded its second-highest intraday gain of the year, a move largely attributed to traders anticipating the Halving event coming up in not less than 20 days. Miners reward will be reduced by half.
Like the rest of the major altcoins, TSX:XEC also saw a bearish start to the week, before witnessing a recovery on March 20 in an 11.08% gain. However, the cryptocurrency consolidated between March 22 and 23, while the broader market experienced a second round of selloffs.
Amid this consolidation, XEC sternly defended the $0.00005 zone, looking to leverage it for the next run. This plan was successful, as eCash’s price shot up by as much as 26.32% on March 23, allowing the crypto asset to clinch a two-week high of $0.00006919 before seeing a mild correction.
eCash ( TSX:XEC ) has formed a symmetrical triangle pattern as depicted on the charts but traders need to wait for a retest to validate the bullish streak
Despite a 2.48% drop today, eCash has retained most of the gains picked up on March 23. The asset has held up well above the $0.00006 threshold, changing hands at $0.00006305 with a 15.2% gain this week.
Analysis of XECUSDT - Buying Opportunity in the Demand ZoneIn the trading world, patience is often the secret to success. After a three-week wait, a buying opportunity seems to be emerging for XECUSDT, in a demand zone or a block order, with a current price of 0.00004571. This opportunity offers an attractive risk-reward ratio of 1:8.
Entry Points and Targets:
Entry Point: 0.00004571
Stop Loss: 0.00003854 (conditional on a 4-hour candle close)
Profit Targets:
TP1: 0.00006851 (consideration zone)
TP2: 0.00008658
TP3: 0.00010740
Technical Analysis:
The decision to enter a long position is based on several technical factors, including the formation of a demand zone or block order at 0.00004571. The stop loss is placed at 0.00003854 to limit losses in case of adverse movement. Profit targets are established based on potential resistance levels, with particular attention to the consideration zone around 0.00006851.
Risk Management:
Effectively managing risk is crucial in any trading strategy. The 1:8 risk-reward ratio offers significant profit potential compared to the risk incurred. However, it is essential to remain disciplined and closely monitor market conditions, adjusting stop loss and profit levels if necessary.
In conclusion, the analysis suggests a promising buying opportunity for XECUSDT, with attractive profit potential compared to risk. However, trading decisions should always be made cautiously and based on thorough market analysis.
#XEC/USDT Long#XEC
Since April 2022, the price has been moving in a bearish flag pattern that was broken to the upside
Moving Average 100 has been broken
Current price is 0.00003504
First target 0.00004062
Second goal 0.000004797
Which represents 175% of the current price
Please pay attention to the correction areas on the chart