Not a breakout

25 Ağu 2017

It looked like a breakout from a wedge at first, but there was so little volume. It rather turns into flag building, so price should go down again.

Longer term is still bullish.

26 Ağu 2017

Not

Did go down, but not as far as I anticipated. There is strong support at $50. If it holds, we could see the moon in the next 24h. If it breaks, we could easily fall to $46.