#XEC
The price is moving in a bearish channel on the 12-hour frame and is largely sticking to it
The price rebounded well from the green support area at the support level 0.00004300, which is a strong level.
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price is 0.00004550
The first goal is 0.00004949
The second goal is 0.00005490
The third goal is 0.00006000
The price is moving in a bearish channel on the 12-hour frame and is largely sticking to it
The price rebounded well from the green support area at the support level 0.00004300, which is a strong level.
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price is 0.00004550
The first goal is 0.00004949
The second goal is 0.00005490
The third goal is 0.00006000
Trade active:
The first goal is 0.00004949 Reached