Christmas pump

4 thg 11, 2016

Weekly candles are strong enough to build a cup and handle in the cup and handle. After breakup we will soon see a decent pump for about 20-30 days. 6000-8000 CNY could be target.

31 thg 12, 2016

Ghi chú

Good to see that the projection was somewhat on spot.

As the hashrate of BTC is currently pumping ( bitcoinwisdom.com/bitcoin/difficulty ) we might anticipate another pump.
Breaking 7000 CNY would lead us to a double top at 8xxx CNY.

We are in a pretty strong uptrend and I believe that this can only be reversed by a FOMO candle. We will go up sooner or later, the question is now or somewhen in early 2017. The longer we take to commence upmove, the stronger it will be.