Everyone, chill out. Let's take a look at the bigger picture.
I think the BitFinex-related dump was a good test of the support.
The coordinates forming the trenline bottom is:
May 19th 07:00 @ $442
May 27th 02:00 @ $550
If this support holds, and barring any bogeyman event, then we should be seeing $600 as support in the next 8-9 days.
I think the BitFinex-related dump was a good test of the support.
The coordinates forming the trenline bottom is:
May 19th 07:00 @ $442
May 27th 02:00 @ $550
If this support holds, and barring any bogeyman event, then we should be seeing $600 as support in the next 8-9 days.
600$ in 8-9 days ? I think more like 3-4 days . Anyways should hit 600$ rly soon. And this "pump and dump" osculations are great for trading .