CryptoSqueeze

Bitcoin Outlook Early September 2016

OKCOIN:BTCCNY   Bitcoin / Chinese Yuan
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
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out