@Pecc Thanks for your post, not sure if it will aimlessly fall;)...

@Pecc

Thanks for your post, not sure if it will aimlessly fall

From a TA perspective we saw the "pivot" low on 03/06/2019, the pivot low signalled upside and the likliehood of it falling to that level or below is now minimal.

Pure Fundamentalists would have missed the pivot low as they arent trained in TA!
If any are still calling for lows its further evidence they missed the pivot point!

Resistance at 1.5, pull back to 1.0 and a bounce back to 1.5.

With resistance at 1.5 this could be seen as a short term double top, however there is a possible inverted head and shoulders formed.

If so, volume will enter and 1.5cents is primed to fall in the near future.

Good luck @Pecc
Vendor