CapriCoin VS Bitcoin Showing Weakness

BITTREX:CPCBTC   CapriCoin / Bitcoin
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.
評論: Break above resistance will signal on uptrend, watch 13k level
取消訂單: Its an uptrend
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It broke
The pattern since right before new years is showing cup and handle. The next leg should be through resistance and higher. What do you think?
HiTech SubieDude
@SubieDude, if it breaks above then yes will go higher
1.59 0.00011790

well, ichimoko on the daily chart looks pretty good. TS over KS, next cloud bullish, 20 and 50 MA are also bullish.. I am indecisive
i thought it looked like it broke supportup of my triangle and could be on way up. here soon..who knows!
HiTech jamikr
@jamikr, well it just needs to break the resistance, but now down
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