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RE: $XCP/BTC Technical Analysis 22th Nov. 2016.

in #counterparty8 years ago (edited)

COMMENT
IMHO the price has a fair chance of going down to around 0.0015 if not even to the last support level, where it will, in my opinion change the trend, however the change of trend might come come sooner.

XCP is at what I consider low levels, and my recommendation for the ones who already have XCP would be to hold onto it and wait for a uptrend, although I see the price going further down IMHO selling here is not worth the risk of missing out.
For the ones looking for an entry point I would say either way for the price to drop into the lower level zones or slowly start buying here to make sure u have some once the trend changes.
Finally my target for the uptrend would be around first the 0.0176 fib line and secondly around the 0.028 fib line

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