Trade ideas
XCN Analysis (12H)From the point marked START on the chart, the correction of XCN seems to have begun.
Based on the wave structure, the price now appears to be in a complex ABC. Wave B of B looks like a diametric, and we are currently in the middle of wave F.
Once wave g of this diametric is completed, we can enter a position within the green zones, which represent our entry areas.
⚠️ Note that this asset is risky and highly volatile, so make sure to enter only in spot with proper risk management.
The closing of a daily candle below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Symmetrical triangle triggered on OnyxcoinThis coin had a 18x pump in Jan 25 and has been forming this pattern for months. It looks like it wants to continue higher. I have entered with spot only, too much volatility for me on this token.
R/R 38 and a Target 0.1128 is a 5x from here.
The pattern has trigged hit interval 1 and returned to entry. I have added more on this return move.
Entry - 0.01832
Stop - 0.0158480
Interval 1 - 0.01950
Interval 2 - 0.0406
Target - 0.1128
Symmetrical triangle on Onyxcoin setting upXCN had a 18x pump in Jan 25 and has been forming this pattern for months. It looks like it wants to continue higher. I have entered with spot only, too much volatility for me on this token.
R/R 38 and a Target 0.1125 is a 5x from the breakout entry point @ 0.02046.
Entry - 0.02046
Stop - 0.01352
Interval 1 - 0.02570
Interval 2 - 0.0404
Target - 0.11258
xcn conservative longI missed my entry on xcn earlier. Not wanting to miss the entire move completely i decided to go for a conservative long. with wide stop in case it corrects back down before pumping.
Am anticipating an aggressive pump so targeting $0.022497 but might take partial at $0.0214
Stop: $0.019327 or lower
Xcn short to $0.019Entered xcn short a while ago. Aiming for $0.019
I entered early in anticipation of the break to the downside, wanted to wait for confirmation before sharing. A slight pullback entry would be good to get a 2RR return given all goes well.
Daily tf is currently correcting
Stop and targets on chart






















