If $BTC generally follows Wyckoff accumulation then I think we see something like this. I personally think we get to touch down to $7.4 before bouncing back up. If I am missing anything, would someone more familiar with Wyckoff please let me know?
If I'm looking at this from a bullish perspective - $XTZ could bounce off the support around $2.50 and the .5 Fib level. Printing higher lows on the daily during market sell off. Stoch RSI shows oversold and about to crossover.
Recently regained compliance with NASDAQ. Declining volume and trending down. Has touched down at $2.35 previously and is sitting on it now. Also trapped by the 50d MA. Need some positive PR or some volume asap. If it doesn't hold $2.35 I would imagine this will be making new lows as the market continues down.
Also published on wherethereiswifi.com
After a massive run up yesterday 1/28/20 for roughly 25% it has retraced about 12% today. Looking at the chart it looks to be trading in this upward trending channel. With an avg buy in of $0.32 I'm keeping my eyes on this level close. If I were to take a guess I would lean towards this slipping back to the $0.30 area before making its next move up. Any thoughts...