Dear Traders,
Welcome to my updated analysis of this great asset. The price is going to meet the measured target of my previous post very soon and will potentially give us approximately 40% gains. More gains might be coming!
Now, this asset is testing the previous all-time high, 30.22 CNY. And the MACD just crossed bullish and put the first green bin on its histogram after 2-year accumulation. The blue-sky breakout might be imminent. If this happens, the next target I am looking at is the 200% measured move from the previous three rising valleys. Please see the chart!
Will keep updating this setup. Stay tuned.
Have fun!
HakoneDream