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perfcrypto

XEMBTC- Descending Triangle

Long
perfcrypto Updated   
BINANCE:XEMBTC   None
Trend Analysis Fibonacci Trend Lines XEMBTC nembtc Cryptocurrency longcrypto Descending Triangle breakout
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trendanalysis fibonacci trendline xembtc nembtc cryptocurrency longcrypto descendingtriangle breakout
BINANCE:XEMBTC

After breaking the 1500 resistance price tested the 1660 resistance and has retraced to 0.618 fib level Fib level has been holding and a descending triangle has formed (4H Chart)

30 min Chart showing bullish rsi divergence We could see a potential breakout.
snapshot

Comment:
Price has broken out of the triangle
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