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Technical analysis by Zorroreny about Symbol XCAD: Buy recommendation (4/22/2025)

https://sahmeto.com/message/3437533
Zorroreny
Zorroreny
Rank: 887
2.8
Buy،Technical،Zorroreny

XCAD went for pain mode (double correction WXY). It ruined all bullish divergence setups on it's way down. All it remains now is fact that we are oversold and sitting at RSI support line which caused in the past price to at least bounce up. XCAD developed same pattern as AIOZ which in AIOZ case resulted in reversal. I am expecting similar move from XCAD where 1st impulse should push above X-wave level, consolidate a bit and then go for test of pivot at ATH range. From there again big correction.

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Profit Target:
$0.17802
Stop Loss Price
$0.054
Price at Publish Time:
$0.054771
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