Xcelsius

Xcelsius

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Xcelsius Updated 

Just as it did yesterday on Friday, it broke the triangle that appeared on the one hour charts. Look for a breakout within the next couple of days and as late as the 28th. I expect the new and current support level to hold as it prepares for the next leg up. -X

Xcelsius

Looks like XEM is breaking out above the cloud in the 1 hour charts. Volume and RSI are also trending up. This is a buy signal. Next resistance to watch looks to be at 7210 where the cloud was last green. -X

Xcelsius

Expect SC to drop further as the resistance pressure continues. Once support and resistance begin to contract we can begin to watch for the trend reversal. I expect the value could likely drop to around 645 sitoshi before beginning the reversal. Wait for confirmation of breakout of resistance before jumping back in. -X