XBIT - Elvis has left the centerline...

Here we have it on the daily.
This will be a rocket ride, leaving "Forest" way behind.

One way ticket, one way ticket to the mooon ;-)


Trade save and don't jump the gun!

P!

Komentarz:

This momo spike is not likely to sustain.
So don't expect immediate gratification.
I expect a pullback to the centerline, bevor going more north then previously expected.

Komentarz:

In this chart you can see, why XBIT was turning south again.
I close 3/4 of my position, took nice profit and now waiting to accumulate again.

The break of the centerline in the dayli leads to a test/retest scenario.
We will observe and check, if price is able to break up the CL. again or if it turns once more to go down to the L-MLH:

Weekly Chart..head bang to the tick...