— Justin Tabb, Co-Founder
I think SUB's decentralized internet technology applies to other countries more than the U.S. (China for example), but I still appreciate this quote. Could SUB become internet 3.0? I would love to hear your comments. They have a very ambitious and world changing project.
Now to the chart. SUB is still moving within this upwards trend channel appropriately, but as I noted, any deviation from this channel in the next couple of days could be a sign of a downtrend. However, I also outlined where we have a "cup and handle" case as well as another Impulse Wave case. The 12hr BOLL bands, not on this chart, are starting to diverge once again, indicating a shift up or down. If we remain in this channel, then once again we should start moving toward the center as an appropriate correction from top to bottom and I have outlined some scenarios at which this could occur. We are still riding within our support line of .00076-77, but we need to see some more in the next few days. As usual, I will update when I see a change, especially a change in .