BVTK is continuing its downward pattern towards the main uptrend line. I believe a bounce is imminent. The green arrow is not a price projection, just a visual to show the bounce.
There is also a chance that the price does not make it all the way down to the uptrend line, and BVTK resolves the 38.2 Fib level.
Any news released by BVTK or Dark Pulse, would certainly be a positive, and could farther help stimulate the bounce.
If you are not currently long here, I would watch when the price gets near the main uptrend line, and look for reversal before entering a new long position.
Always open to feedback, comments, criticism.
Cheers and happy trading!
There is also a chance that the price does not make it all the way down to the uptrend line, and BVTK resolves the 38.2 Fib level.
Any news released by BVTK or Dark Pulse, would certainly be a positive, and could farther help stimulate the bounce.
If you are not currently long here, I would watch when the price gets near the main uptrend line, and look for reversal before entering a new long position.
Always open to feedback, comments, criticism.
Cheers and happy trading!
Comment:
Rather appropriate headline with the release of the 10Q. Currently sitting at support.
-machinelearnt