XDBUSDT has been growing well, probably a good moment to get in. Its price may go down if it breaks out of the ascending channel. If that is the escenario it may go back to the 0.40 again but not lower. That would be the second wave, ready to start the third wave.
From 0.42 to 0.23 in 30 minutes!! Madness. Any ideas why such a drop. Hopefully market manipulation trying to get a cheaper discount before an exchange listing.
Urinsky
⋅
@trendingtim, When I did this analysis I considered the drop to the 0.391 because of the Fibonacci retracement, but if you check the chart you’ll see that it dropped to the 0.287 just to touch the 0.786 level on the Fibonacci scale. That can be a good sign, still on its uptrend channel.