Spendcoin After A 440% Bullish Wave | 300%+ Next

22 nov 2019

Spendcoin (SPNDBTC) had a strong bullish wave in October that peaked at 440%+ of growth. Now, the 0.786 Fib. retracement support has been activated and is only a matter of time before the next wave takes place, it might be only a few weeks...

Here you can see my previous chart | SPNDBTC (+321%)

Now that the 0.786 Fib. support has been activated, SPNDBTC can produce another bullish move soon. Another drop can follow and the charts can also change.

Additional details can be seen on the chart.

Conditions for change
If prices move and close below 15 satoshis, the bullish bias is gone and prices can easily move lower.

My personal opinion
SPNDBTC is very likely to produce one more drop and then start to climb up strong. There is also the possibility of moving up right away but I don't see it as very likely... We will see how it goes.

Thanks a lot for reading.

Namaste.