Indeed XAI has dropped down, as I've anticipated in the post below. I wrote this a few hours ago. I'm not a witch nor a whale. I'm just using the KDJ oscillator in my analysis because it is 99.99% accurate ๐ฉ.
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LIVEEasy Crypto Trading
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As requested by a follower, Im going to comment on XAI. Is there hope for this token? Let's hear the chart.
SHORT TERM FORECAST
In the 4H chart, a bearish pennant has formed. Yup, unfortunately, XAI may fall down further in the next few hours or even days.
If you'd like to day trade this token, the best position is short. The best entry is 0.0503 - 0.0520. Make sure to set a tight stop loss of 0.0530. Take profit at the next support which is 0.0458. Market is highly volatile right now, make capital preservation a priority.
LONG TERM FORECAST
A bullish falling wedge has formed in the 1h chart. Although candles are consolidating above the pattern, price has slide down further and might be aiming for the apex of the wedge which is 0.040.
If you'd like to keep this token for long term, the ideal entry is 0.04-0.052.
FOLLOW for more.
If you're still looking for a safe, low cap, x1000 token, check out PITBULL. This token has all it takes to thrive in the crypto space, see contract.
#xai #BinanceLaunchpool #Pitbull #TechnicalAnalysis #Marketupdate
SHORT TERM FORECAST
In the 4H chart, a bearish pennant has formed. Yup, unfortunately, XAI may fall down further in the next few hours or even days.
If you'd like to day trade this token, the best position is short. The best entry is 0.0503 - 0.0520. Make sure to set a tight stop loss of 0.0530. Take profit at the next support which is 0.0458. Market is highly volatile right now, make capital preservation a priority.
LONG TERM FORECAST
A bullish falling wedge has formed in the 1h chart. Although candles are consolidating above the pattern, price has slide down further and might be aiming for the apex of the wedge which is 0.040.
If you'd like to keep this token for long term, the ideal entry is 0.04-0.052.
FOLLOW for more.
If you're still looking for a safe, low cap, x1000 token, check out PITBULL. This token has all it takes to thrive in the crypto space, see contract.
#xai #BinanceLaunchpool #Pitbull #TechnicalAnalysis #Marketupdate
Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
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