What do you think? XBC / BTC 1 /1 Wooww!!
Pair bounced with solid bullish candle on 4H. 200 EMA gives it nice support combined with 50% of the big caffeine bullish candle on daily chart. I would consider this as long term trade. See link for detailed information.
Longterm triangle closing in again. Last time when XBC went up 3000% in one day, bitcoin had severe uncertainty about a potential hardfork. Now considering that bitcoin is topped weekly and showing bearish signs this might be the perfect time for XBC to break out and retest higher levels. We can break out early, just keep an eye on it.