In the beginning of May, WhiteCoin has found the support at 88.6% Fibonacci retracement level, that is 635 satoshis. Since then XWC/BTC has been going up exponentially and has already reached 2180 satoshis, providing a strong 250% gain over Bitcoin.
But how far can it go, and will it stop growing any time soon? Well, today WhiteCoin has broke above the 61.8%...
Hey guys,
We just hit the upper residence (yellow line) for the trend XWC had been forming over the past few weeks. Right now we are almost at the lower support (the orange line) of the 'channel' the trend has been forming. I'm thinking we'll hit the upper resistance once more, see a drop back down, and then hit the top of the over arching trend which has been...
There are over-bought signals that comes from MACD and RSI at the same time. Death-cross may happen on MACD in next candles. Fib .618 level is my first target.
