What we have here- Highlighted above is what happens every time there is a daily cross up on the stochastic.
1. 21st Sep to 2nd Oct - 72% rise.
2. 25Th oct to 25th nov - 119.45% rise.
3.10th Dec- 27Th Dec - 255% rise.
Now, the RSI has bounced off the support beautifully, however, the price is reacting strongly to the long term accumulation trend line which is the major overhead resistance that zil will have to overcome to give us another statistically probable move to the upside riding on the momentum provided to us by the stochastic cross on the daily.
1. 21st Sep to 2nd Oct - 72% rise.
2. 25Th oct to 25th nov - 119.45% rise.
3.10th Dec- 27Th Dec - 255% rise.
Now, the RSI has bounced off the support beautifully, however, the price is reacting strongly to the long term accumulation trend line which is the major overhead resistance that zil will have to overcome to give us another statistically probable move to the upside riding on the momentum provided to us by the stochastic cross on the daily.
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Let me know what you guys think in the comments below- Am I seeing what I want to see? Or are you guys also seeing what I think the charts are saying..
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short term target of 0.09531$ ??
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You saw this here first ;)
