The mid-term from early November 2017 has caught up & after a fake out of the it has been trading within a range.
There're two possible scenarios:
1. If it can break out of the range with strong , it can possibly go to the ($8).
2. If it breaks down the mid-term , it's not going to perform well for some time.
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I noticed that bitifnex coins don't perform like others. I think it's due to their cheap margin.
maybe another fake out.
I think maybe the pump earlier was because people thinking the trend line will work. maybe there'll be another try. but I'm in doubt.