Bearish divergences on money flow and accumulation-distribution indicate that the downtrend has not completed. The current rally is therefore best viewed as a countertend rally. The stochastics indicate the countertrend rally is likely to continue, to a target of either 2.58 or 2.95. The downtrend, when it resumes, may exhaust at the 61.8% fib retracement (1.24). Or it may not. Good luck.
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
---|---|---|
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No. | Vol. | Price($) |
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7 | 2605682 | 0.008 |
5 | 7990571 | 0.007 |
13 | 11056581 | 0.006 |
3 | 2072142 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 1000000 | 1 |
0.011 | 4336646 | 10 |
0.012 | 4204725 | 7 |
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