PHB had a nice run to mid 500 satoshi's and has since pulled back to the .786 retracement area. I think this one has further to run. The double top formation was asymmetrical and leaving itself open to being retested. Red Pulse has previously traded at 1,000's of Satoshi's and could see this one easily running above the 500 area.
Comment:
This has played out about as well as I could have predicted. There's usually 1 or 2 fakeouts before the real breakout so I'm not surprised to see the pullback. I think we'll do some wandering between the .786 and .618 area but pay close attention to the volume for the real break upwards. These moves tend to be violent and unpredictable so Just build your position and hold steady. Best of luck!
Comment:
Last run up from 300 to 568 took 15 hrs, that's it! Don't think this can't happen again.
