The chart that apparently no-one is interested in except for craic has been one of them most interesting charts for practicing techniques.
The highlighted area with 2 dojis is a retracement and it reveals that a phi or equidistant related continuation will follow. And that means it should move passed this middle band of fibs all the way down to the 1:1 @ 0.62 which will probably mean it will tag the 1.618 long range fib down at $0.47.
Also notice that price is leaving the pitchfork , - this is an indication of selling climax and bottom arriving imo.
I will be watching middle band fibs as price has not crossed yet, but this is going to $0.5 I think and what a buy it could be for a BIG bounce.
See you at $0.5
Not advice.
The highlighted area with 2 dojis is a retracement and it reveals that a phi or equidistant related continuation will follow. And that means it should move passed this middle band of fibs all the way down to the 1:1 @ 0.62 which will probably mean it will tag the 1.618 long range fib down at $0.47.
Also notice that price is leaving the pitchfork , - this is an indication of selling climax and bottom arriving imo.
I will be watching middle band fibs as price has not crossed yet, but this is going to $0.5 I think and what a buy it could be for a BIG bounce.
See you at $0.5
Not advice.
Comment:
Keeping an eye on XL here - if it drifts across the intersecting channel and even as far as the yellow pitchfork median line then that could change things.
Comment:
Close to my 0.5 target XL has had a 30% pump after a good earning report! Is now one to watch but i'd like to see it settle and see if it can get out of this channel 🧐
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Priority trades, round the clock updates and a 1 hour technical video per week 😼.
$50 per month 👍🏻.
Contact: t.me/dRends35
