Substratum (SUBBTC): Exponential channel bounce failing.

16 Oca 2018

A few days ago I posted a TA on Substratum. I have been forced to change my stance on this coin as it is displaying difficulties bouncing off the support. It is also forming an expanding wedge, which is a continuation pattern. This, combined with the falling value of BTC dragging the market as a whole with it, makes me pessimistic on the short term outlook for Substratum.