ElmoX

If previous trend repeat itself

After yesterday bump reaching new ATH, I prepared this pred based on previous trend following the logic of median lines (yellow). We are looking at a "Flat" phase where the price could hover in a wide range from previous ATH 1,27 to 1,06 not forgeting we could also see price correct to .90 support. Next breakout following this configuration could happen around January 1st/2nd with a target which could very well go beyond the 1,60, depending on also on quite few rumors which might become reality early 2018.

Penafian

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