Just an update relating to my chart for the previous week. Simplified and explained in a way most can understand
-Last few days have been more "positive" as compared to the previous downfall prior. Latest few candles indicating possible change of "dump"/"fear" sentiment and it also now pokes out of that current trend channel.
-Last few candles have also highlighted sideway movement, indicating consolidation before next move up/down (change from the consistent fall).
-0.49 support area holding well on each EOD close, as a base now forms. Supply have dropped off at the support level to aid in this formation so far but buying power yet to kick in above support ( VERY important, need this to pickup soon ) .
Week coming up should be interesting.
[IMG] Just an update relating to my chart for the previous week....
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