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CapriCoin VS Bitcoin Showing Weakness

CapriCoin found the support at 1500 satoshi and started to moving higher. Under heavy volume, price broke above the 200 Moving Average but immediately was stopped at the 38.2% Fibonacci retracement level.
Currently 12-13k satoshi area remains a key resistance as it has been rejected three consecutive times, together with the 2/1 Gann Fan trendline. CapriCoin does not have the necessary strength to rise now and therefore should correct down towards 200 Moving Average or 61.8% Fibonacci retracement level at 5885 satoshi. Only a break and close above 13k satoshi could invalidate bearish outlook.
Currently 12-13k satoshi area remains a key resistance as it has been rejected three consecutive times, together with the 2/1 Gann Fan trendline. CapriCoin does not have the necessary strength to rise now and therefore should correct down towards 200 Moving Average or 61.8% Fibonacci retracement level at 5885 satoshi. Only a break and close above 13k satoshi could invalidate bearish outlook.
注释
Break above resistance will signal on uptrend, watch 13k level订单已取消
Its an uptrend免责声明
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。