Another bearish rounding top pattern in progress
10c -24c -10c
At the start of this thread I called at 22c a drop to 8c-13c and was laughed at yet it went to 10c, SPOT ON!
Now we see yet another suckers rally 10c to 24c back to 17c
today a solid red bar with 1.5c body no tail no wick. closing at daily lows yet again at the prior 17c prior low which if that breaks should see 10c again
Annual chart shows an unsupported double moonshot from 2c to 40c back to 10c then 24c now 17c
10c was a clear low rebound point.
buyers on the 1st wave from 2c sellers at 30c are top pickers
buyers on the 2nd wave at 10c and selling at 21c are top pickers
Wait for the lows again, not in sight yet.
Need to see that dragonfly reversal candle again like we saw last time at 10c-12c as a signal to buy again.
This is a realists TA thread so if you are bullish please ignore.
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Another bearish rounding top pattern in progress 10c -24c -10c...
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