Digitalnote XDN BTC Big scale breakout ahead?!!!
Hi, Lads and Ladies!
Right now if it doesn't break the trend line and resistance at 176 (previous neckline of cup and handle formation) I see it going to two major support lines at either 139 or less likely 120. From there on it will test the trend line if that one breaks it will recover to at least 205 wich would be the 78.6 fibs line on the bigger scale. Anyhow I believe that it will at least touch the bigger scale 61.8 fibs line at exactly 300 sats 0.12% .
Short term - wait and be ready to short
HODL term - long
Make sure to check it out on https://www.tradingview.com/u/jegerche/
Cheers, Tomas
Leave Digitalnote XDN BTC Big scale breakout ahead?!!! to:
Best Posts From T.J. Trade Corner
We have not curated any of bitcoin25's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.
More Posts From T.J. Trade Corner
- $ETH #ETHBTC Daily Extensive Technical Analysis - Day Trader Explains
- $XRP #XRPBTC Extensive TA - Day Trader Explains
- $NANO #NANO - end of the pennant is coming - day trader explains
- $EOS finally touch on trend line heading towards resistance HnS
- Is this the final bottom for $QTUM???
- $NEO #NEO - THE BIG PICTURE - when finally moon?
- $ZRX #0x - a perfect example of 61.8% Fibonacci retracement
- $BTC #Bitcoin - Head and Shoulders wishful thinking - EXPLAINED!
- $SIA #SIACOIN - WHERE IS THE BOTTOM? - looking for 100%
- $QTUM #QUANTUM - POSSIBLE 500% - NOT YET?