Substratum continuing down-trend towards untested levels.

SUB SUB/BTC is continuing the down-trend retracement from the previous local high run. Volume overall is down and in a down-trend, if local fib 618 and 382 are not supported, then we are moving towards the long-term 618 FIB.

If SUB doesn't find support there, it is headed towards the long-term 236 FIB which means it would need to find support at the previous untested levels (which happen to be in the 236 FIB area) Before reversing the down-trend retracement, into a bullish or positive move going forward.
Fibonacci RetracementTechnical IndicatorsSUBBTCsubstratumTrend Analysis

Also on:

Disclaimer