Great day today. As per prior analysis(Thursday?) this is what...

Great day today. As per prior analysis(Thursday?) this is what we were looking for. Last week's price action called for a retest of the major support we've just broken through at 0.115. Ideal scenario was to poke through and then leave at least 1 bar gap before coming back down to retest it as support which is what we see now. Tomorrow will be the first day where the bulls and bears face off again with a view to hold that level as their own. Every daily close at 0.115 or higher will strengthen the bull argument. This includes any candles that pop down lower through the support intra day and finish back up at 0.115 - happy days.

What we don't want to see is a close at 0.110 or lower - that will strengthen the bear side and mean that we need to push back over. A close at 11 or lower will probably bring about a sell wall again.

As we have closed on the level today, we can head North from any point in time tomorrow (marked in blue) and that will meet the requirements for bounce. Should this occur, I would still expect another pull back after tagging 15, or to coincide with the e100 crossing the e200.

To be pointed out that their is some minor bearish divergence here(marked pink) - it's not big, perhaps not even present depending on how you view it, but could possibly have added force to the earlier than expected retest today.

Nothing of concern here, and good volume again. Expecting smaller volume for a few days, perhaps as bots play their games again, but that's just me guessing.