ALWAYS BET ON BLACK - Update 32

GOOD THINGS COME TO THOSE WHO WAIT.. Sometimes

The effects of the original Pump and Dump have been devastating for all BC lovers. It took some major development news to finally break the downtrend driven by big-bag holders desperately cashing out to chase the next ride to the moon.

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The price of BC had to go all the way down to meet the long term support. It finally reached bottom at 15K where it did a classic double bottom pattern before it took off like a rocket. This rally was initiated by the great news which magically stacked up on each other to give enough volume to boost the rocket out of its launch pad.

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Rocket is now heading to meet some major resistance level between 36 K and 40K where again we will require more rocket fuel to break free. Based on historical data we will require anything from 1000 BTC to 2000 BTC to penetrate these levels with enough support to maintain the higher prices above 40K. This could take multiple attempts to get it right.

Some quick analysis with Fibonacci also confirm the different resistance levels.

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And now the Fib Fan can also be monitored to see how the downtrend is being challenged.

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As always BlackCoin has been the innovator and the others are the sheep which just follow the leader. We also have a few leaches that suck the blood out of our coin to help their shit coin become a successful pump and dump. While the BlackCoin community continue to stay ahead of the sheep, BC will be king and reach the moon.

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