Great chart candle today
Volume is depleting more every day now down to a reopen low of 1.8M (was 17M-9M-7M-4M)
The volume tells us the short/capitulation sellers have gone and only longs remain.
The buying is not raising the price but the selling is not collapsing it so an equilibrium has been achieved.
today a small red bar candle with 0.1c body & 0.1c tail no wick
the smallest candle since re-open
nearly a mini dragonfly doji
daily chart shows a zig zag flooring pattern at 5.2-5.3, very positive
no arvo selloff and onscreen match very light in number and volume, very positive.
Those who wanted to sell are gone and those who a bargain buying are doing so.
the CR should boost cash at bank and allay fears of illiquidity
revenues increasing to $30M from $24M very positive, global sales and a factory to boot way better than BIT has.
This candle is supportive of a bullish rebound case when looked at in conjunction with the last few days bullish candles since the 4.8 low. A few more dragonfly dojis or small dojis/near dojis and this confirms a defined flooring pattern.
looks a good punt imho.
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Great chart candle today Volume is depleting more every day now...
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Last
$19.00 |
Change
0.110(0.58%) |
Mkt cap ! $365.2M |
Open | High | Low | Value | Volume |
$19.01 | $19.11 | $18.59 | $97.55K | 5.216K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 43 | $19.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$19.50 | 21 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 43 | 19.000 |
1 | 200 | 18.800 |
1 | 1000 | 18.600 |
3 | 1475 | 18.580 |
1 | 1000 | 18.550 |
Price($) | Vol. | No. |
---|---|---|
19.500 | 21 | 1 |
20.000 | 1800 | 4 |
20.100 | 100 | 1 |
20.120 | 420 | 1 |
20.400 | 678 | 1 |
Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
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