Descending triangle forming

31. Okt. 2017

Lower highs and a solid support line at 0.295 are beginning to form a descending triangle on the 15m chart. Watch for a break of the triangle in either direction.

2. Nov. 2017

Anmerkung

Triangle broke down and we are now at a very strong resistance line. If BTC FOMO drives more money to be pulled out of alts and this support line breaks, the next established support is down at .021 and then .016. If we reach that last support, buy up as much as you can and hold. Long-term, this coin is destined for .20+.