Not a breakout

2017年8月25日

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.

2017年8月26日

注释

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.