After the healthy correction, which I already mentioned in previous ideas. BTC perfectly bounced its new trendline, and formed a strong support. Besides that, I will not be surprised if BTC will rise faster than BCC next days, because of the hard fork Segwit2x december 28th. Besides that we will collect our free BT2.
Target 1: 15800 (20ma)
Target 2: 16700 (200ma hourly) Not on this chart
Target 3: 19120
Fundamentals: Segwit2x hardfork
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Questions? Feel free to ask and your feedback is welcome and enjoy your turkey tonight! (Or something els ;))
First target reached. We have perfectly touched the 20ma. (Yellow arrow) :-)
A close above 20ma is needed to reach our next target.
This is a perfect example of benefiting from panicers in a bull market, by just following your analysis. A healthy correction doesn't mean the whole market is gonna crash. Congratulations with your profits.
I'll keep this chart updated about our next targets.
We bounced the strong support line again. (Yellow arrow) I know that many people are posting short ideas, because we saw some corrections last weeks, but we are still bullish. ;) Next resistance 20ma.
Block rate 2.5 minutes
Difficulty readjustment each block
Block size 4mb
Unique address format