HI
here we have Fantom (FTMUSDT) analyzed using complete Price Action method where its key levels lies on the Key Fib points and absolutes support and resistances are specified and forecasted the price movement and immediate target Points to aim for
as it is visible this coin is in the initial phases of volume accumulation so once it reaches the One Billion...
Recently WhiteCoin has found the bottom at $0.075, where it has rejected 161.8% Fibonacci retracement applied to the corrective wave up after the $0.1 support breakout. Since then price went up and formed the resistance at $0.091, that is 38.2% Fibonacci retracement level.
Overall, XWC/USD stuck between the support and resistance, which mean that range trading is...
I don't know what to say because I am not in the mood to elaborate, but I will say this: Know your PATTERNS.
Oh, and there's some inverse correlation to Bitcoin
In the beginning of May, WhiteCoin has found the support at 88.6% Fibonacci retracement level, that is 635 satoshis. Since then XWC/BTC has been going up exponentially and has already reached 2180 satoshis, providing a strong 250% gain over Bitcoin.
But how far can it go, and will it stop growing any time soon? Well, today WhiteCoin has broke above the 61.8%...
Hey, i took a look at Whitecoin's chart for today and it might be interesting to throw some money at it if it breaks the 2034 sat. line - any review/comment is welcome :d
