Either way the chart indicates the same amount of growth.
I am just calling support and Resistance because the news that comes out with this coin daily is phenomenal. As well as an expected coin burn in the coming days. I continuously watch the RSI levels to determine if it will make it to the next resistance. If it does not, I still do not worry as we are not to the coin burn date as of yet. What do you guys suspect...
Once it reaches the next resistance might be a good time to take profits and wait for the handle to form. When handles form the price drops.
This run was a little more organic than the previous one. So we will not see it crash or dip much from here. If you find an attractive enough entry take it. But try to get as close to a fib level and low RSI as possible.
This could take us well into $3. The yellow trend line represent the down trend. We need to get past this for confirmation of a breakout.
I just think that we need the handle to drop and we should be in for a sizable rise the size of the cup.
Support and Resistance for XZC
Seems to be moving right with XZC
next resistance 5400
Powr seems like it does not want to leave this area of support. Maybe it gets to this point at times when trading is low volume in general?