Bitcoin Outlook Early September 2016
China lagging behind USD exchanges. Bad.
From historical data, China always lead during a pump.
There were 2 occurrences(that i could find) when China is lagging with this magnitude during sideways/pump.
BOTH WHICH ENDED UP DUMPING WITH FULL RETRACE.
(Blue rectangle)
However, not all hope is lost just yet.
Charts + Open Interest looks great.
China might just need some more time to accumulate.
Expectation :
Sideways to bleed. Possible trace back to 4080 yuan.
No pump so soon.
Signs of a strong rally : China leads USD exchanges
From historical data, China always lead during a pump.
There were 2 occurrences(that i could find) when China is lagging with this magnitude during sideways/pump.
BOTH WHICH ENDED UP DUMPING WITH FULL RETRACE.
(Blue rectangle)
However, not all hope is lost just yet.
Charts + Open Interest looks great.
China might just need some more time to accumulate.
Expectation :
Sideways to bleed. Possible trace back to 4080 yuan.
No pump so soon.
Signs of a strong rally : China leads USD exchanges
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.