= ELEMONT FX =
Analysis:
- Bytecoin is in a bullish flag pattern
- Volume has been steadily decreasing as the price has lowered
- Expect a breakout on larger volume to confirm upward momentum to next price target
- Alternative scenario is price retesting 127 support level
Targets on breakout:
1. 155
2. 183
3. 255
Analysis:
- Bytecoin is in a bullish flag pattern
- Volume has been steadily decreasing as the price has lowered
- Expect a breakout on larger volume to confirm upward momentum to next price target
- Alternative scenario is price retesting 127 support level
Targets on breakout:
1. 155
2. 183
3. 255
Trade active:
broke above flag pattern on larger-than-average volume
