Short

Updated

Ascending Channel Broke

Low volume, bears in control

Note

Invalidated

Note

Back in play, total fake out.

Note

Predicting a V bottom here, capitulation could push this deep into previous support. Buy orders @ .19 - .22

Note

Buyer interest picked up @ previous support .2375. Possibly the 21% discount proved too much for the bull.

Fake out before .5 fib retrace?

Looking for a new bottom structure to form confirmation.

Note

Still playing out, could go lower, no buyer interest

Note

Waiting for .236 fib retrace @.17545

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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.