XECUSDT trade ideas
XECUSD Approaching the 1W MA50 for the first time in historyEcash (XECUSD) broke today above the 1D MA200 (orange trend-line) for the first time since October 08 2022 and is about to hit the 1W MA50 (red trend-line) for the first time in its history!
This is a major Resistance cluster and with the 1D MACD in similar extremely overbought levels as the April 02 High, we expect a pull-back and retest of the 1D MA200 as a support, in similar manner as the 1D MA50 (blue trend-line) was tested on January 17.
You see how well the Fibonacci Channel extensions fit the price action of XEC and as a result our next target is on the 2.5 Fib at 0.000059.
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Important support level!XEC has been on a steep downtrend over the past few weeks. The price of this currency was hovering over a very important support level, which was broken by the selling pressure that formed throughout the market. But the lower support that was considered in the range of $0.0000255 to $0.0000280 has been met with a positive reaction. This area, which was drawn exactly at the previous floor and within the specified range, can be an area for a possible reversal of the trend and change of direction in the above time frames.
Of course, if the resistance of the ceiling of the descending channel is broken, as well as the static resistance of the powerful current. This item requires special support from buyers. Otherwise, if there is an increase in selling pressure in the market and the current support is broken, the price decline can continue to the next range, which is the price of $0.0000200. We can expect a range trend between the specified levels for this week and next week.
eCash (XEC) & Coming Bullish Wave
thanks for coming and viewing my chart....below is the explanation:
as normal price cycle >> 5 waves up then a deep correction (current) then usually always to follow with 5 waves up (future) again looking after a new ATH as shown in the chart
break under the historical level might invalid it.
Not FA n good luck
XEC : WILL BE THE BEST INCREASE COIN TODAY?This coin showing some effect that it can become the next 24H the best increase coin into top 100 coins.
Its interesting to follow and to see or this signal of trend will get confirmed as it shows.
The same signals as 01-04-2022 looks to add again.
This can mean a new breakout.
XEC USDT Long PositioneCash Mainnet on Sept 14! ๐ฅ๐
$XEC Is a Nice Projekt,But some people with lot of money make it bad ,example they buy 100 000 000 milions of xec and when it Go up with 4% they already win Profit from 100 milion and wegen they sell it back the Price dump and we lose or money who investing with hope