Capri at all time lowGreat buying opportunity to get long on Capri Holdings.
Price bouncing of the all time lows.
1 hour chart shows double bottom with divergence. Buy the break of 26 (see the comments).
Good Luck!
CAPRI
CapriCoin 333% Growth OpportunityCapricoin continues to produce higher highs, but with every new high it returns back to the support near $0.3 area. An all-time high has been produced on 13th of January, where price hit $2.6. And once again it corrected down to $0.3 support area, but this time losing 86% to USD.
The fact is that price is rejecting the support are and at the same time the uptrend trendline, suggesting the continuation of the uptrend if the support will hold.
The price could go as high as $2.5 area, where double top could be formed, not to mention that this is 333% growth opportunity. Nevertheless, it could take time for CPC/USD to reverse, while price could range between $7 and $3 for another month. On a downside, only a weekly break and close below $0.2 could invalidate bullish outlook.
CapriCoin Broke Above The ResistanceFollowing the previous idea on CapriCoin , price broke above the strong resistance, indicating the validity of the uptrend. After the breakout price reached 18k satoshi high and then corrected back to 12k satoshi, where it is currently trading.
CPC/BTC is right in the support area, that is between 12 and 13k satoshi. At the same time it is right at the 2/1 Gann Fann trendline and from this point onwards uptrend could continue. The first strong resistance is at 20k satoshi, that is 227.2% Fibonacci retracement applied to the corrective wave after the 200 Moving Average breakout. Second resistance is 88.6% Fibs, that is 25k satoshi.
Nevertheless consolidation period is also possible prior to the uptrend continuation. In this case CapriCoin could go back to the major support area at 7k satoshi, but only break and close below that level could invalidate bullish outlook.
CPC/BTC cup and handle patternThere is a classical cup and handle pattern in the making.
This is a very bullish signal which means capricoin is going to growth rapidly
Best buy is around 8600-9000 sats
You can set your own targets which please you!
CPC 9,000% Profit Potential if you HOLDCapriCoin can be considered as a Tesla of rockets. It will rise abruptly without making too much news and possibly fly under the radar if you don't search for it specifically. Invest in this coin only what you would be comfortable with loosing since high rewards have an enormous high risk attached to it. Last time it was active back in 2016 2 years ago, we had just a mind blowing result. Don't think that you will make good percentage profit in a day or a week. This is one of those situations where you invest and just walk away for several month with minimum oversight.
PULL UP TO SEE TARGETS ON CHART
Targets:
0.0003372
0.0007364
0.001183
0.001989
0.002884
0.004107
0.004736
0.005330
0.007388
0.008410
It has enormous potential of gains over 50x so consider it as one of your investments that you will have to forget for a while.
If you're a member you have access to other high profit coins already! Consider becoming a member today before prices will be adjusted in January of 2018
