Hi mo,
The Wave chart doesn't show anything new so far,
The absorption of supply (accumulation) was confirmed, which was why I entered, (along with your earlier recommendation's).
I have a half cent wave on this chart (I could do a smaller one, but it would probably just be confusing),
so it creates big broad waves (of buying and selling), and will only show something really bearish (or bullish) if it arrives.
The little congestion zone (marked) was a bit ambiguous while it was developing, however a confirmed break to the upside would suggest it was further absorption.
It appears someone became impatient this afternoon...
cheers
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Open | High | Low | Value | Volume |
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2 | 62177 | 0.036 |
5 | 525823 | 0.034 |
4 | 205292 | 0.033 |
1 | 62500 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
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0.042 | 130455 | 1 |
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