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 signals.
On the other hand, a break below the 0.03500 Support (Fibonacci 0.0), will be a sell signal, targeting the bottom (Lower Lows trend-line) of the Megaphone and the -0.236 Fib. On the bull side, a break above the 1D MA100 (green trend-line), will be the major buy signal that the market needs, as it has been untouched since July 11 2022, targeting the 0.5 and 0.618 Fibs.
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You may also TELL ME 🙋♀️🙋♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁
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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 signals.
On the other hand, a break below the 0.03500 Support (Fibonacci 0.0), will be a sell signal, targeting the bottom (Lower Lows trend-line) of the Megaphone and the -0.236 Fib. On the bull side, a break above the 1D MA100 (green trend-line), will be the major buy signal that the market needs, as it has been untouched since July 11 2022, targeting the 0.5 and 0.618 Fibs.
-------------------------------------------------------------------------------
** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
You may also TELL ME 🙋♀️🙋♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁
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👑Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)
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🔥New service: next X100 crypto GEMS!
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
👑Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.