Algorithmix

Still going Strong, Support at Top of Cloud

Long
BITFINEX:ETHUSD   Ethereum
The China Exchange news has happened once before and was a good catalyst for a selloff. I am expecting the CryptoCurrency space to continue its growth with Ether now heading for new highs. I am also expecting Chinese exchanges to be relaunched after a small Hiatus with a newly reformed tax provision, governments are always about taxes!! This I see happening in late November, early December.

The hardest hit currency will be NEO, which I have picked up at the price of $10 before. Currently sitting at $20 I see NEO being the platform China comes back with as their legitimate ICO platform when they move to legalize and regulate the industry.
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