The XDC Network (XDCUSD) is having a strong 1D green candle breaking again above the 1D MA50 (blue trend-line) after holding the 1W MA100 (yellow trend-line). The trend is more effectively displayed by the Fibonacci Channel where it appears that every Higher High is +0.5 Fib more than the previous.
If the 1D LMACD forms a Bullish Cross (which is close to completing), it will be the best buy entry on a 3 month basis. In that case we will buy and target 0.14000, which is within the 1.5 and 2.0 Fibonacci extensions.
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If the 1D LMACD forms a Bullish Cross (which is close to completing), it will be the best buy entry on a 3 month basis. In that case we will buy and target 0.14000, which is within the 1.5 and 2.0 Fibonacci extensions.
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** Please LIKE ๐, FOLLOW โ , SHARE ๐ and COMMENT โ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
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๐คตContact info@tradingshot.com t.me/tradingshot
๐ฅNew service: next X100 crypto GEMS!