XEC Downtrend Update
After the ABC correction shown in my previous analysis, we have a motive wave to the downside.
I´m considering wave 1 to be an extended wave. Therefore, by EW parameters, we would have wave 3 shorter than 1, and wave 5 shorter than 3.
Blue resistance is an probable target for wave 4.
#XEC (SPOT) IN( .000030- .000036)-T (.000180) - SL (.00002963)BINANCE:XECUSDT
#XEC / USDT
Entry ( .000030- .000036)
SL 1D close below .00002963
T1 0.000051
T2 0.000069
T3 0.000100
T4 0.000140
T5 0.000180
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Golden Advices.
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* collect the coin slowly in the entry range.
*
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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