NASDAQ:XDB ..
If #DigitalBits can hold $0.0007 and break out of this downtrend, a rally is possible to $0.002-$0.003
Bought more at $0.00075* lets see..
Tried to use fibs to see how much lower $XDB would go, ended up being useless because $XDB has created lower lows and
hasn't created it's bottom yet. However on the weekly it is entering into oversold territory so i think the bottom will be in soon.
I also believe it's forming a falling wedge, and the breakout should be explosive. First target it $0.05, XDB is...
Based on the momentum of the downward movement and also the movement in the trading range, I believe that the currency will leave the trading range and we will have an unsuccessful climb to break the ceiling and the previous structure.
I see new lows for alts and bitcoin soon, I recon buying in this red zone or lower will be a good entry to buy XDB.
I believe we could see a nice pump could be even bigger after the bear market bottom.
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DigitalBits is on a 4 day rise on the 1D time-frame, having broken yesterday but not closed above the 1D MA50 (blue trend-line). Closing above the 1D MA50 is critical to the chances of a new multi-month rally as during the previous correction phase of 2021, when the price closed above the 1D MA50 on July 08 2021, XBDUSDT confirmed the end of the Bear Phase and the...
