A rough journey we’ve had…
XYO has continued to topple on downwards, and we’ve now arrived at the price level I’ve been expecting to reach as a “red zone” low while still being in the “okay” for a bullish reversal. If we do go any lower I see it to be ~$0.017, with a high-low of $0.02. We’ve dropped down to a low of $0.0226 already, and if we continue to topple down as we have much farther than the low of $0.017 the probability shifts to being far messier than they already have been, but, honestly, I don’t feel too bad about this… we shall see how this falling wedge plays out.
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