bones
In the interest of discussion I've taken the liberty of reproducing your fork on the chart below. I notice you didn't show the shorter term down trending fork and I assume this was for the obvious reason to keep spirits up. I've drawn the blue fork in now that it appears we have a break. I always find it fascinating the way price reacts when it meets a significant tine. The Red just happens to be the ML of a larger fork from the GFC decline. There are quite a few different fork tines converging at this point (not shown) so we may be at a point of some significance on this chart. Anyway the chart is below and I hope I haven't distracted everyone too much with this post.
Cheers
Rhodes
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
---|---|---|
5 | 2481683 | 0.010 |
6 | 5793333 | 0.009 |
13 | 4098919 | 0.008 |
6 | 2308009 | 0.007 |
7 | 3278659 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 344930 | 2 |
0.012 | 1634318 | 6 |
0.013 | 1105000 | 3 |
0.014 | 4048628 | 6 |
0.015 | 1458533 | 3 |
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