Xcadusdt trading idea

9 feb

XCADUSDT continues its drop with the price breaking below the last zone of support around $0.23, turning this massive support into resistance. Considering the rate of drop, we anticipate a potential impulsive 5-wave leg for this coin before a major and appreciable retracement can occur.

Our focus will be on both primary and secondary external demand zones, and price reaction towards these zones will be very important in guiding our decision-making process to achieve good and profitable outcomes, as illustrated on the chart.

l’altro ieri

Trade attivo

We should focus on the current demand zone, good bounce here could mean the coin is ready for upside move towards the immediate supply zone as shown on the chart.