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XENUSDT trade ideas

Xenusdt trading opportunityXENUSDT remains within a descending broadening wedge pattern, a setup previously highlighted with a target to test the upper wedge zone, which has now been achieved. The next step is preparing for a breakout, focusing on the immediate buy-back zone highlighted in the chart as a key area for potential long positions. Should a breakout occur, the final target for the setup is also specified in the accompanying chart. This coin shows significant potential, and careful monitoring of this setup is recommended to maximize opportunities.
KUCOIN:XENUSDT
by weslad
4
XEN CryptoXEN Crypto, like many crypto project, been in a downtrend move since the birth. However, XEN's price behavior have changed in the past 2 months and significant growth occurred. After the upward impulse wave finished, price entered a corrective wave which unfolded in a downtrend channel; Now, it seems price may breaks this channel. Let's see what happens. Note; the depicted Elliot waves shown are for display only and its too early to determine their exact locations.
GATEIO:XENUSDTLong
by SaeedSalehinia
22
Xenusdt trading opportunityXENusdt displays indications of a potential falling wedge structure, recognized as a reversal pattern. Presently, the price remains within the confines of this wedge pattern, with an anticipated breakout on the horizon. The highlighted Demand zone on the chart represents an area suitable for extended accumulation, providing potential entry opportunities for long positions. Outlined on the chart are targets, with the external supply zone identified as the final setup target. This zone signifies a prospective area where the price may aim for after a breakout from the falling wedge pattern. Stop loss level given on the chart is very important, keep an eye on it to mitigate the risk should incase market turn around. If you find value in this analysis, your support in boosting and leaving comments is appreciated for continued market insights.
POLONIEX:XENUSDT
by weslad
32
Xen Accumulation Over and Ready To Rip?Looking at the xen chart we approaching a time cycle where a piviot would be likely. Being we are still in a sideways accumulation range there is a potential for a trend change to the upside. This is daily chart and since the potential bottom while ranging it is still making higher highs and higher lows. Current push down to the bottom of the range and rounding into it for a likely reversal Current Trading Plan: Bullish, very very bullish. This is a low liquidity asset and another 100% captial risk. Currently looking to hold long for mean retrace 4x higher. Trade Well... Your Friend, Degen
GATEIO:XENUSDTLong
by Degen-Dynasty
10
XEN Poised For a 16x?XEN crypto is different project that proclaims an adherence to the first principles of block ledger. While it sounds nice the "Free" distribution modle has absolutely hammered the price. With that said the minted supply has likely decreased as ETH gas prices have risen, reducing the amount of discounted supply. This is a daily chart that is focusing on the retracement of the last swing high and utizing an expansion of the initial range. The oak lives in the acorn... Xen does have a cult like following developed by the semi free model rollout. While it has hammered the price since launch it has also gained the attention of all the free users. Greed for mad gains with little investment is enticing. Current Trading Plan: Current plan remains the same aside from accumulation is likely ending. The straight up and down pump indicates that sellers are weak if not depleated in comparison to buyers. Targeting the 75% retrace area for a 1600% increase but also open to a retrace of the accumulation range for more liquidity. Risk on this is 100% as it is a low liquidity project and should be treated as such. Trade Well... Your Friend, Degen "He that believeth on him is not condemned: but he that believeth not is condemned already, because he hath not believed in the name of the only begotten son of God" ~ The Lord God If you don't like it don't read it.... I do
MEXC:XENUSDTLong
by Degen-Dynasty
11