this is the first time we've had 3day rsi cross over 50 since may of 2014. the next 3day candle prints in about 6 hours from this post. in may we had 5 3day candles of pumping and we are currenly only in the 2nd candle.
last time during may 2014 we went from $440 to 680. we started this move around $235. extrapolating i get 2273 cny or $360ish.
just a possible scenario to keep in mind. there was not much of a retrace back in may either and we still have room to go up on weekly stoch.
last time during may 2014 we went from $440 to 680. we started this move around $235. extrapolating i get 2273 cny or $360ish.
just a possible scenario to keep in mind. there was not much of a retrace back in may either and we still have room to go up on weekly stoch.