Hi @pidg, @myleogb is the expert here with great insights. I just dabble around but here is a chart. I did notice a mild decrease in momentum indicators (MACD, Mom) in the lower time frames (not all though). So 1 hour chart posted here shows a higher high could not be formed at 0.017 (blue line) and the momentum indicators are pointing downwards (but then I observed the same with AZS and it doubled almost since then buoyed by positive drill data!!). This mild divergence got confirmed today. The chart is still better observed in a hourly scale rather than daily so I thought it was valid. 0.016-0.017 is a long held resistance since 2018. Psychologically, it is 50Mcap at this price and market unwilling to jump this at the moment probably. However, today when the price dipped to 8 ema daily, people bought the dip. So, need some more days for clarity, at least for me. If it keeps attaching 0.017 holding the lows may be it will break upwards. The daily chart is just a straight line up, in my view we need to give it time for price discovery with whatever news is available!!! I am just watching at the moment and will miss the bus if it suddenly breaks upwards.
RR1 Price at posting:
1.5¢ Sentiment: None Disclosure: Not Held
