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Elemont
May 14, 2018 6:47 AM

BYTECOIN (BCN/BTC) - BULLISH FLAG PATTERN Long

Description

= 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

Trade active

broke above flag pattern on larger-than-average volume
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