seanwooj

falling wedge, bullish divergence

Long
seanwooj Updated   
BITTREX:VIABTC   Viacoin / Bitcoin
after a really impressive breakout earlier in the year, viabtc has been making everyone sad by collapsing under its own weight. luckily for bagholders (including me) there seems to be some positive signs: firstly, a falling wedge pattern has formed, seemingly textbook, accompanied by a recent bullish divergence on the stochastic. it looks like (failing some crazy btc shit happening, which will probably happen) a great opportunity to buy some via. of course, this breakout may not happen, and we might all be sad, so DYOR.
Comment:
watch the 1k sat level, if it falls below this, it may fall to the may levels. but note the macd tightening . we're still in this channel, but the 1d looks good.
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