Since Feb 2019 the priceline of XTZ / Bitcoin Cryptocurrency was moving within a pennant and finally broke out the resistance of this pennant in Sep 2019.
The the price correction was started and in Oct 2019 the Stochastic and RSI went in oversold and at the end of Oct the MACD turned weak bearish from strong bearish and Stochastic gave bull cross and RSI turned bullish.
The Ichimoku cloud is also turning bullish.
We have a new support at 0.00008786 sats after this breakout.
Our target should be the projection area of tail to support of this pennant from 0.382 to 0.786 Fibonacci as below:
Sell between: 0.00015935 to 0.00023495
Regards,
Atif Akbar (moon333)
The the price correction was started and in Oct 2019 the Stochastic and RSI went in oversold and at the end of Oct the MACD turned weak bearish from strong bearish and Stochastic gave bull cross and RSI turned bullish.
The Ichimoku cloud is also turning bullish.
We have a new support at 0.00008786 sats after this breakout.
Our target should be the projection area of tail to support of this pennant from 0.382 to 0.786 Fibonacci as below:
Sell between: 0.00015935 to 0.00023495
Regards,
Atif Akbar (moon333)
