Short
Ascending Channel Broke

Low volume, bears in control
Note
InvalidatedNote
Back in play, total fake out.Note
Predicting a V bottom here, capitulation could push this deep into previous support. Buy orders @ .19 - .22Note
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 interestNote
Waiting for .236 fib retrace @.17545Disclaimer
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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.