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Elijah144

Road to at least $0.10...

XYO (COINBASE:XYOUSD)  
Elijah144 Updated   
COINBASE:XYOUSD   XYO
Trend Analysis Chart Patterns Fundamental Analysis
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trendanalysis chartpattern fundamental
Historically, XYO likes to come down and tag the 0.786, and so far this has happened on both charts. I have a series of four descending triangles on the Coinbase chart, which to me denotes a range of price tension. Within the fib channel we are on the 1.618, and I do believe XYO will be running up once more before this year is out; I see $0.14 (1.618) as more likely than $0.10 (1.414), but it could very well go far, far higher than both of these values. XYO could also be forming a double bottom right now as it has in the past, both on the micro and macro.

Here is my analysis of the XYO to BTC pair:
snapshot

Comment:
With fib channels (XYO to BTC):
snapshot
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