Not a breakout

25 באוג׳ 2017

It looked like a breakout from a wedge at first, but there was so little volume. It rather turns into flag building, so price should go down again.

Longer term is still bullish.

26 באוג׳ 2017

הערה

Did go down, but not as far as I anticipated. There is strong support at $50. If it holds, we could see the moon in the next 24h. If it breaks, we could easily fall to $46.