JoshMcGruff

$SUB Bottomed out? - 1D Looks primed

Long
BINANCE:SUBBTC   None
SUB has reached the same low as it did before the April 17' mini-alt rally and is showing Bullish Divergence on the CMF 1D.

This also could be looked at as a double bottom for a possible reversal on the coin as well.

If it breaks this support line, there will likely be up to a 50% drop before it hits the next level of support around 1900 Sats . Stop-losses should be applied in case support breaks.

Conservative traders should wait for a confirmed reversal in the down trend before committing to a trade.

As always, this is pending BTC price action and if BTC makes any major drops or rallies, price action may suffer.

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