outbreeak

4 years resistance and support encounter are near. Honestly, crypto will only evolve when Bitcoin lose its throne. Maybe it is a good time for altcoins outside the top 10. Primary target is $0.61, second target $0.9~$1.

After we broke the downward channel, I expect fuel to lit the pump. Next targets are 0.618 fib ($0.39), 1 fib ($0.48) and 1.618 fib ($0.63). I'm a big fan of IOTA as a crypto technology, so I abstain from commenting news or development.If we are lucky, we may hit 2.618 fib ($0.87) on the next big upward moveIOTA is hovering at the white support line, if it holds it will be a bull flag and a huge pump is expected (wave 3 in Elliott Waves theory).Currently at support, entry point

XNO has a history of explosive movements. Fibonacci extensions point to possible targets after the $1 price is left behind. To put it in perspective, at current values, XNO should be worth $90 to catch up with the memecoin Doge and $37 for Shiba. To enter the top 100 of the crypto market capitalization it would need to be worth $4. I believe it is a great risk-return if you believe in the technology, distribution and use of it, especially now that people are noticing flaws in Bitcoin and Lightning Network.Next move should reach the white regions, around $1.75, or if we are lucky around $3.50.

4h chart closing below the cloud and Kijun and Tenkan lines crossing down in the daily.If you think (and calculate in a relative way) the growth of the US GDP and interest rates in the last 5 years, the US stock market is expensive at the moment - not to mention the chance of a recession.