Hello everyone,
I hope you are all healthy and well. In this publication I share my study of XLMBTC for the midterm group and long term group.
Based on the Fib.Retrecement Levels, there is a chance that we can drop to the golden zone. That seems to be a very strong support zone. For the people who allocate XLM or BTC, this may be a familiar analysis. The big question, based on the current bearish trend of BTC, is whether this will actually take place. If BTC falls further, there is a chance that we will bounce back from the 0.5 Fib.Level (see chart) to return to the upper limit.
I hope my analysis makes some sense. Please leave your comment. Thank you for the inpunt
I hope you are all healthy and well. In this publication I share my study of XLMBTC for the midterm group and long term group.
Based on the Fib.Retrecement Levels, there is a chance that we can drop to the golden zone. That seems to be a very strong support zone. For the people who allocate XLM or BTC, this may be a familiar analysis. The big question, based on the current bearish trend of BTC, is whether this will actually take place. If BTC falls further, there is a chance that we will bounce back from the 0.5 Fib.Level (see chart) to return to the upper limit.
I hope my analysis makes some sense. Please leave your comment. Thank you for the inpunt
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.