XY ORACLE (XYOUSD) has been having a tremendous +260% four-day rally that hit yesterday the 1W MA50 (red trend-line) as well as the 0.382 Fibonacci retracement level (from the November 06 2021 High) at 0.01050. This rally successfully broke that 1 year Channel Down (blue) but stopped at the top of the diverging Channel Down (dotted lines).
So far the 1W MA50/...
.236 has been a point of previous resistance and support
Falling wedges tend to break out bullishly
I would like to see this current falling wedge break out at the support point of .236
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TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON...
on the one hour it looks like a bull flag, then zoom out to the four hour the we've retraced to the .50 fib and now the upper fib target is around 5K sats
Xyo is looking good making a leap up over 50% today (6/6/19) resting on top of a prior support breaking through the resistance that knocked it back down from breaking through back on March 19. XYO is a cryptocurrency mined via the Coin App. It is given as a reward for sharing your geo-location information with the system. Its really cool and easy to get, Its...
