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XCNUSDT trade ideas

Price floor and growthThe live Chain price today is $0.012481 USD with a 24-hour trading volume of $6,511,269 USD. We update our XCN to USD price in real-time. Chain is up 6.57% in the last 24 hours. The current CoinMarketCap ranking is #115, with a live market cap of $267,993,983 USD. It has a circulating supply of 21,472,783,889 XCN coins and a max. supply of 53,474,611,831 XCN coins. After a few days, the market remained at the bottom of the price and now it has broken the ceiling and is ready for a big growth We can get a good hold from it This currency has been supported by several games and its price is not going to reach zero and this position can have a good growth We can do both futures and spot trading But I love to take risks and have opened a futures trade Because I believe that there is no success without risk Also, the moving average and the Ichimoku indicator in the four-hour chart show well that the market is moving upwards.
Long
by ALIREZA-EMAMI
Long XCNXCN appears to have broken through resistance levels, as evidenced by its recent recovery from oversold conditions. Additionally, the bullish divergence currently present in the market indicators suggests that the asset may experience significant gains in the near future. As such, it is prudent to closely monitor XCN's performance as it tests these newfound support levels. This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.
Long
by WaltrAlexander
2
XCNUSDT Strong short-term buy signalChain (XCNUSDT) has been a regular on our portfolio lately as we have been accurately following a specific Bearish Megaphone pattern since late September: Right now the 1D RSI is approaching again its recurring Lower Highs trend-line, a break above which will be an instant buy signal, targeting the 1D MA50 (blue trend-line) again, as we our previous signals. On the other hand, a break below the 0.03500 Support (Fibonacci 0.0), will be a sell signal, targeting the bottom (Lower Lows trend-line) of the Megaphone and the -0.236 Fib. On the bull side, a break above the 1D MA100 (green trend-line), will be the major buy signal that the market needs, as it has been untouched since July 11 2022, targeting the 0.5 and 0.618 Fibs. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
2
XCNUSDT Rise short-term but still limited unless this breaks.Chain (XCNUSDT) followed the pattern we suggested 40 days ago and after a short rise it dropped to the -0.236 Fibonacci extension level: As you see, today is having a +22% rise. The long-term pattern is a Bearish Megaphone on this 1D time-frame. This short-term rebound is aiming at the 1D MA50 (blue trend-line), between which and the July 11 Lower Highs trend-line, all previous three Lower Highs were formed. This is our target but in order to engage in further buying, we need to see a break above the 1D MA100 (green trend-line), which is unbroken since July 11. In that case, our target would be the 1D MA200 (orange trend-line), which potentially by that time should be near the 0.618 Fibonacci retracement level. In the event of a strong rejection on the Lower Highs trend-line such as on October 20, September 22 and August 21, we will treat it as a sell opportunity and target the 0.04765 Low and then the -0.236 Fibonacci extension again. P.S. See how the aggressive rises take place when the 1D RSI breaks above its Lower Highs trend-line and the 1D MACD makes a Bullish Cross. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
2
XCNUSDT Falling Wedge about to break. How to trade it.*** *** For this particular analysis on Chain we are using the XCNUSDT symbol on the KuCoin exchange. *** *** The idea is on the 1D time-frame where XCN has been trading within a Falling Wedge pattern since the August 04 Low. As you see the pattern has reached a level where it is too narrow at eventually will break out. In the event of an upwards break-out, the target should be the 1D MA50 (blue trend-line) and the 0.382 Fibonacci retracement level. Above the 1D MA100 (green trend-line) and the 0.5 Fib, we can consider a buy extension. In the event of a break-out downwards, the target could be the -0.236 Fibonacci extension level. Note that the 1D RSI has been on Higher Lows since September 08 while the candle action was on Lower Lows, showcasing a bullish divergence. That can potentially mean that we have to give the upside a slight edge. The ideal confirmation may be once the 1D MACD forms a Bullish Cross. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
by TradingShot