Elliot wave theory seems to still be playing out nicely.
If we are now at the start of wave 4 - we should see an alternation to wave 2. Wave 2 was very smooth, almost straight.
Theory suggests wave 4 will be more sideways and irregular if wave 2 was smooth and straight.
If you look on the hourly chart this was exactly the case today.
The next wave up will obviously be wave 5 which the theory suggests will be around the same length as wave 1. Around 0.14c up. (0.02c-0.16c) Potentially around 38c-40c.(if raises up from current price).
Also to note this will give a rough market cap of around 200m. I would think we will see a future market cap within the next 3 months in the 300m-500m range as stated in previous post. So IMO still quite cheap for the potential this product has.
Cheers guys![]()
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Last
2.6¢ |
Change
0.001(4.00%) |
Mkt cap ! $23.46M |
Open | High | Low | Value | Volume |
2.5¢ | 2.6¢ | 2.5¢ | $6.941K | 277.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 375545 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 54829 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 375545 | 0.025 |
2 | 183333 | 0.024 |
4 | 3527246 | 0.023 |
3 | 625000 | 0.022 |
1 | 250000 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 55000 | 3 |
0.027 | 232122 | 3 |
0.028 | 400000 | 2 |
0.029 | 305600 | 3 |
0.030 | 97636 | 3 |
Last trade - 12.37pm 22/08/2024 (20 minute delay) ? |
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