XDN 2015 Trendline tested, BREAKOUT IMMINENT! Target 40 SATS Dec
XDN has suffered a dramatic dump right after a hack, luckily the team patched the wallets and notified Bittrex to disable deposits so nothing was dumped. They have also rolled back the chain so there's no additional XDN anymore.
This dump I believe to have been a good thing as any bears that were wanting to accumulate cheap have now done so, there's a wall that sits on 4 sats of 400m XDN, this is most likely someone looking to make a quick flip but once that's bought, we should go to 10 rather easily.
I see us hitting 10 sats around Aug 9th - 16th
Testing 7
Trading between 7-10 with a move up to 13.
We should trade between 10 - 13 until a nice breakout in December where 40 sats or higher should be expected!!
Bollinger Band, Ichimoku cloud, and Trendlines all point to a big breakout at the end of the year.
Fibonacci Targets (SATS)
13
26
32
40
50
80
128
176
205
This dump I believe to have been a good thing as any bears that were wanting to accumulate cheap have now done so, there's a wall that sits on 4 sats of 400m XDN, this is most likely someone looking to make a quick flip but once that's bought, we should go to 10 rather easily.
I see us hitting 10 sats around Aug 9th - 16th
Testing 7
Trading between 7-10 with a move up to 13.
We should trade between 10 - 13 until a nice breakout in December where 40 sats or higher should be expected!!
Bollinger Band, Ichimoku cloud, and Trendlines all point to a big breakout at the end of the year.
Fibonacci Targets (SATS)
13
26
32
40
50
80
128
176
205
Comment:
XDN has suffered another hack and I now see the breakout happening to 10 sats in November with a BIG run the end of December.
Comment:
Looks like this thing is about ready to burst!