XEC: A GOOD COIN TO SHORT IF THE MARKET DROPS.

Hello traders, let's keep an eye on XEC/USDT. The market is in the overbought zone which means a correction is needed soon.

Timeframe: 4 hours.

Update: If the market drops then XEC could be a good coin to short. XEC is under resistance and in the past, it has been rejected twice. Also, we can see a bearish divergence formation in XEC which supports the rejection.

Trade setup:

The best entry would be $0.04368 to $0.04459.

Stop Loss: $0.04551.

Targets:

$0.04215
$0.04098
$0.03978
$0.03868

Note: Enter this trade only when you see the market dumping. Do not FOMO.

Zlecenie aktywne:

1000XEC/USD Profit Update:

Target 1 $0.04215 ✅
Target 2 $0.04098 ✅
Target 3 $0.03978 Pending.
Target 4 $0.03868 Pending.

Congratulations, guys!