Channel Bound

21 May 2018

After we broke out of the descending wedge the price didn't really run all that much. Tepid breakout into a range chop. Could be another descending wedge but using bollinger bands looks like we are chopping along. the bands looks a little squeezed so do a bit so keep an eye out for a breakout up or down.

Fundamental analysis for this coin I'm bullish. Short term we be choppin sideways seeking more information for more clarity.

I'm very inexperienced at pattern trading and all my posts are meant as a public record of my thoughts as I learn to trade. Please do your own research before taking a position in any investment.