A bit of interesting price action of late..is it real demand from insiders or someone getting out?..true breakouts take quite a while to set up...3-6 months usually and there needs to be a definite horizontal resistance level at 62% of the completed down trend....with the recent RSI divergence (bullish) against the low at .04c and the urgency in the short term price rise, there's a good case for a bottom at .04c and also the necessary horizontal resistance line is in place at .06c -.061c...if there is a strong break at .06c that also goes beyond .072c then the next phase is a retest of the breakout line ..06c...this is where serious punters will look to enter..
all eyes on .061c for strength
A bit of interesting price action of late..is it real demand...
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