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After Yesterday’s low at $15852 bitcoin is up trading around $17000 presently. Our proprietary pattern projection tool points to an immediate target of $18258 and the longer term projection comes in at $26922. Expect a pullback after the first target is met.
After rising from the 0.00000055 level on the 13th, XVG went to a high of 0.00000125 Yesterday (0.00000123, Yesterday on Bittrex, a gain of 227%), before profit taking emerged which forced a pullback. Currently trading around the 0.00000100 level with volume that skyrocketed over the last two days, it looks like a good level to get involved. Our first target with our proprietary pattern tool points toward 0.00000138 (38% from the current levels).
Only available at Cryptopia (https://www.cryptopia.co.nz), ETN is also at good levels currently trading around 0.00000414 after a high of 0.00000820 on the 9th. Very high volumes traded for the past two days and the current pullback can be a good opportunity to get involved. Our immediate target is at the 0.00001000 level.
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