It has broken the dynamic resistance and it looks like a valid break out.
We have a support swap range, but below this range, there are other support ranges.
I specified the invalidation level so that a candle is not closed below this level in the daily time frame, the analysis will not be violated.
The general structure is bullish, and it seems that after...
XEC has been bullish for a few days now. Examining the waves, I realized that this symbol is inside a large symmetrical pattern located on the I branch. We are looking for sell/short positions in the red box
I specified the invalidation level, closing 1 daily candle above this level will violate the analysis.
To complete the large and time-consuming symmetrical...
Hello traders, let's keep an eye on XEC/USDT. The market is in the overbought zone which means a correction is needed soon.
Timeframe: 4 hours.
Update: If the market drops then XEC could be a good coin to short. XEC is under resistance and in the past, it has been rejected twice. Also, we can see a bearish divergence formation in XEC which supports the...
