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$XEC 1D Chart Analysis
$XEC still in consolidation of this large white falling wedge consolidation.
The yellow 1D 200MA is hanging just above the top trendline of the white falling wedge.
Would be a great start for the confidence of the bulls to get back above the top trendline and the 1D 200MA.
Falling wedges break to the upside 68% of the time.
The red and green indicator is the 100W moving average. It would be a great signal to see price action get above the 100W MA.
The target is approximate until the breakout occurs.
$XEC Falling Wedge Target
1) $0.00008115
NFA, DYOR ⚠️
#Crypto #Trading #XEC