XCAD Network

Is XCAD going to rise or fall? $0.85 or $3.32? Hello everyone! I have been watching XCAD since the beginning of the reversal movement after the last 3 month price drop. At the moment the asset is in the zone of semi-annual trading in the same area there is an important global Fibo level of 0.236 which is now a support level for the price as well as EMA 200. And at the same time there is a global descending trend line and a local Fibo level of 0.618, which at the moment will serve as a resistance level until it is broken. To continue the upward movement the asset needs to consolidate above $1.34. After that the way up will be opened. The first target is in the area of ~$1.77 The second target is around ~$2.12. The third one is around ~$3.32. If the asset fails to break the downtrend, we can expect a pullback to 0.382 - 0.236 Fibo. What do you think? This is not a financial recommendation, everything you do is at your own risk.

XCAD/USDT good RR trade setup XCAD is at the trendline, which should provide support. As long as it holds the rally should be expected.

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