michael.oselskyi
Long

BTCCNY on Huobi in uptrend

HUOBI:BTCCNY   Bitcoin / Chinese Yuan
The past few weeks Huobi decided to switch into an uptrend. It seems to not want to break that trend for a little while longer.

My prediction is that it will hit 1580 (the resistance) and break out after hitting it a second time, back to about 1620.
The chart shown in this idea is an hourly chart, showing that the trend is clear and obedient.

However, don't take my word for it, chart it yourself and see what you think. This is just an idea.

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This is my first idea, please leave criticism and your own ideas. I might be flawed in this prediction.
Trade closed: target reached: The target of 1580 has been reached! Now, we're working on getting to 1620.
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