Take a look these figures:
We've broken out of the mid-term channel we were in since January 18th 2018. still has room to grow. is showing sideways movement on the short-term but on a mid-term uptrend .
Current Resistance: .00004210 (= 38.2% FIB)
1st target: .00004488 (= previous resistance)
If previous resistance of .00004488 is broken:
Next target will be: .00004696
If previous resistance is NOT broken:
Fall back/correction will find stability between .00004132 and .00004210 (coinciding with previous 38.2% and 50% fib retracements)
As always, I recommend for every one to further expand their knowledge and do as much research as possible when investing. These are my own personal opinions and should be considered educational resources rather than financial advice. Good luck out there cryptonauts!
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