As the title suggests, it seems like a pennant pattern is forming on the daily chart which may may break out shortly and lead to some positive price action for student coin over the next few days.
Student coin is currently trading outside of a descending triangle and above the Ichimoku cloud on the 1 hour chart with a possible breakout to the up side if it can break through the 50 EMA on the 4 hour chart or 200 EMA on the 1 hour chart. Strong support has been maintained at $0.015 for 2 weeks and should continue to maintain unless bitcoin has further...
Student coin is about to be released onto another major exchange and with the release of their own exchange shortly bullish behaviour can be expected.
On the chart we see a rounding bottom with positive price potential. Target for the short term on the hourly chart is expected to be $0.034
