Our retracement lasted for a very short time, but it hit the area we predicted, it indicate a lot more buying pressure then we got used to too, and since altcoins are failing to perform, and stock markets are failing as well, it is clear to us this is new investors entering our field.
Those are very good news, and it only speed up what we have already seen.
In the chart below is our best prediction to the future movements we should expect, a small retracement to $9160 before we continue to our main resistance, at $9600, or a possibility for a larger one back into $8800-8900 again.
Those are very good news, and it only speed up what we have already seen.
In the chart below is our best prediction to the future movements we should expect, a small retracement to $9160 before we continue to our main resistance, at $9600, or a possibility for a larger one back into $8800-8900 again.