This is the first indication of a potential trend reversal and price is likely to continue moving higher. At the same time THC / BTC has already approached the 23.6% level, which is the first resistance.
In order for price to continue moving north, 610 satoshis level must be penetrated. The next resistance is seen at 38.2% Fibs, that is 750 satoshis. And finally, the key resistance is seen at 980 satoshis, which is 61.8% Fibs.
Break above the key resistance should confirm HempCoin trend reversal, and price could rise much higher. Keep in mind prior to bull run, strong correction might take place.