Strong false breakout on Long Island Iced Tea/Long Blockchain
Long Island Iced Tea recently changed it's name to Long Blockchain and in the process caused a huge price spike. This move broke previous strong support level around 6 USD.
As price returned as sharply as it broke it has now retrace back below the 6 USD level. This could be a strong fake breakout reversion. Potentially this could go to 4 USD and beyond.
As price returned as sharply as it broke it has now retrace back below the 6 USD level. This could be a strong fake breakout reversion. Potentially this could go to 4 USD and beyond.
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