Byteball Bouncing Down the Falling Wedge

Aug 8, 2017

Potential bullish breakout with this falling wedge pattern on the downtrend. Watch for fake-outs (don't buy too early) and keep an eye on the indicators. There's quite a bit of volume, so this thing could move quickly.
...but what do I know, I'm just a space suit engineer, not a trader.
Good luck!

Aug 8, 2017

Note

Broke pattern and is forming an ascending channel. If you are in this trade, set stop loss below lower trend line of channel in case of breakout.
...but what do I know, I'm just a space suit engineer, not a trader.
Good luck!

Aug 8, 2017

Note

Could be heading down for potential double bottom. We'll see if resistance holds around 0.12.
...but what do I know, I'm just a space suit engineer, not a trader.
Good luck!