Onyxcoin (a.k.a. Chain) is pulling back to 200MA support after a clear bullish move and just printed an inverted hammer, looks good for more recovery.
⚡️⚡️ #XCN/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (1.2X)
Amount: 6.9%
Current Price:
0.01463
Entry Targets:
1) 0.01435
Take-Profit Targets:
1) 0.01953
Stop Targets:
1)...
XCNUSDT – 4H
Ichimoku cloud transiting below the asset indicates its clear uptrend, but there may be a pullback to the upper Keltner channel line at 0.01605.
Another possibility is to make a pulbak and go for 0.01774, or break the support and go to the Channel median at 0.01487.
Everything depends beyond the buying force, BTC and the macroeconomic...
The 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...
XCN 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...
Price is evidently in a decline but can it go up?
History repeats itself and it shows even on this chart that it can
Degen coins like this like to do their thing until they reach a point and then they explode amazingly
Lets see if there is any explosive potential out of this current down move
Another example of a great Degen coin is Populous, I have linked...
Chain (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...
XCN has reached the bottom of descending channel and could make a pull back to the middle. On hourly we can see a small tripple bottom and bullish divergence on few hourframes.
Place the stop loss under the channel and profit the midlle of the channel. Just an idea. What else can happen is that the channel support that has been made since summer does not hold and...
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...
*** ***
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...
Am I seeing this right? I think I am. I have chosen to allocate 8.79% of my portfolio into this short trade. With a 6/1 R/R, the potential exists for up to 93%+ profit. Of course, I will be taking profits along the way if it works out. First take exists around 5 cents. Entry was .085 with a final target of .00588!
My spreadsheet has been updated with this most...
XCN Chain dump yesterday 94% actually for no reason. But after that massive dump we saw a gigantic 1100% pump exactly to the golden pocket where it is sitting right now. Expect of course anytime because of the FED decision today lower prices from around 0,05 to 0,03 $ but also it is possible that Chain will go up and retest the previous support levels at around 0,14 $.
