BITBAY failed wedge channel breakout
BAYUSD broke out of initial wedge, pulled back and made new low so we now have a new wider wedge by readjusting the top wedge trendline. it appears to have already made a flag and broken that as well. now testing the breakout. most probably going to continue down further to our target entry level around 1c usd. if the break retest fails again then we should see an impulse move down
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.