XWCBTC trade ideas
XWCBTC keeps moving up, Investors may want to wait to break the top red descending ray to signal continuing upward movement out of this low volume coin. The black lines noted are some potential resistance (or exit) points with the purple line up top as the most recent high. How long you stay in or how much you invest is up to you. You are the only one who can make decisions for ones self. This is just meant to be a guide if your interested in the coin, its made me quite a bit during the down times. Be sure you know your terms and where you want in and out at, if at all.
XWC to 1400sats by mid-November?Hey guys,
We just hit the upper residence (yellow line) for the trend XWC had been forming over the past few weeks. Right now we are almost at the lower support (the orange line) of the 'channel' the trend has been forming. I'm thinking we'll hit the upper resistance once more, see a drop back down, and then hit the top of the over arching trend which has been forming over the past few months (the red lines, zoom out to see the trend). If all this works out we'll be sitting pretty around 1400 sats by mid-November. However, it is imperative that the support (orange line) holds for the next few days.
Please let me know what you guys think...am I being to hopeful?
Cheers.
