XMRBTC global picture is bullish, the price stays in the 23.6% - 36.8% Fibonacci zone of the global uptrend, above the 100-days EMA.
The pair established a trading channel 0.028 – 0.029 during the last day.
Closest support levels are local and global Angle Support lines and 0.0275 level. From the upside, the price will meet 23.6% Fibonacci level (0.0293) and 0.03 resistances.
Overall prediction for 24 hours – Trading inside the channel or descent to the Angle support levels.
The pair established a trading channel 0.028 – 0.029 during the last day.
Closest support levels are local and global Angle Support lines and 0.0275 level. From the upside, the price will meet 23.6% Fibonacci level (0.0293) and 0.03 resistances.
Overall prediction for 24 hours – Trading inside the channel or descent to the Angle support levels.
