FBR Charts and Technical Analysis, page-315

If bad things come in 3s, then Friday's close of 0.035 sets the tone for the weekly chart.

By placing a descending trendline of resistance from February 2019,¹ it shows that support was ultimately established at 0.044 in December.²

From that, FBR broke through the resistance trend in mid-January,³ and stayed above it for six weeks.

But tomorrow's trade - should it fall to 0.034 or lower - will confirm the failed breakout.

With several daily falls, last week's double whammy was a breach in the current support level of 0.044.⁴

But make that a triple whammy - last week's decline of 30% was the biggest in 12 months.