Short

Ascending Channel Broke

By BuyTheFknDip

Updated

Low volume, bears in control

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Invalidated

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Back in play, total fake out.

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

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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.

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Still playing out, could go lower, no buyer interest

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Waiting for .236 fib retrace @.17545

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