XAIUSDT.P is in strong bearish trend.
Potentially printing LH and LL.
Bearish idevergence also shown in RSI.
WE wait and watch for the breakout of last LL
A quickee let say? may be? ,
although the RSI shows a significant divergence, and the momentum also shows not enough strenght, but guess what it is an all time high, and btc is reacting to take a quickee towards upside aswell, so based on that taken this trade,
entry stoploss and target is mentioned
BYBIT:XAIUSDT.P
This idea has a medium-term profit target.
All targets are indicated on the graph with a red eye.
- Risk 0.5% on deposit
- R/R 1/2
P.S ( This is not an investment recommendation, this is my personal opinion.)
🔥 Price on the 4H chart might come at these support area and we might get a potential bounce🔥
Potential bounce areas for Buying 0.5646 and 0.4692
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Share your Thoughts if you have any?
At 1H chart we are laying on the ground. Of course there is not much data because its new coin. I know that this coin is slammed very hard because of fake XAI other coin. It still can recover very fast and what I have seen on Binance it has good volume. I belive this can make 10-20x in long term run. I hold my long position from 0.46$. If it will go more down I...
#XAIUSDT
UPDATE
Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about XAI.
XAI is making bullish pennant pattern and almost breakout done. Here it has maxing chances we can see gain upto 70%+✍
💡 Get ready for a potentially lucrative opportunity with XAIUSDT! 🌟 We're eyeing a potential 22% profit target. Currently priced at $0.64.
🛡 To ensure your safety, we recommend setting a Stop Loss at -3% below the entry price.
⏳ Stay tuned for updates as we analyze and confirm this promising trade opportunity! Keep those trading instincts sharp! 💰📈...
I entered long yesterday and i closed this morning because i wan't liking the setup. I am actually waiting to re-enter if price will reach 0.58 level., considering on lower timeframe a bearish setup. Of course we have not enough data to use usual indicators as confirmation so my analysis in mainly based on trendline and chart SND zone
Xai is the first layer3 in the arbitrum ecosystem, designed to onboard traditional gamers to web3 gaming.
It is located in the golden accumulation zone, some whales are beginning to accumulate heavily in this zone.
