Potential XYO Breakout
Within the hourly chart we experienced a death cross between the 3 and 5 fib time zones with subsequent downside, but just recently made a golden cross on the hourly. The descending triangle lines up nicely, as well the fib times, and it appears like we very well could have finally found our bottom/are in the early stages of the next run to the upside. If this is a potential fake-out with one more downside, I see $0.023, but it doesn’t seem likely at this point in time. This run is also aligning with the second bullish aspect of phase two for Bitcoin, as well for Dogecoin, Ethereum, etc, but ultimately all of this is due to what Bitcoin is about to do.
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