CTP 3HLY Chart [Basing Pattern?]
1. "W" shaped Basing Pattern almost complete?
[refer black arrows, or Moving Average pattern]
2. First Support found on lower line of Down Trending Channel?
[This is a Standard Error Channel [2]
3. Second Support found on Spine [centreline] of Down Trending Channel?
4. Resistance @~7.2c, upper line of Down Trending Channel?
[Pattern Resistance @7.3c?]
5. Higher Low Support @~6.6c?
[Many traders wait for a Higher Low before committing to a trade]
6. Strong Volume returned to the Buy side?
[not shown on chart]
7. Fib. Price projections from 7.3c High / 6.2c Low:
161.8% = 7.98c, 261.8% = 9.08c
IMO [so far], this pattern has unfolded perfectly.
Cheers,
U2
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Last
4.9¢ |
Change
-0.001(2.00%) |
Mkt cap ! $36.26M |
Open | High | Low | Value | Volume |
5.0¢ | 5.0¢ | 4.9¢ | $16.85K | 343.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 225520 | 4.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 111916 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 225520 | 0.048 |
1 | 212787 | 0.047 |
2 | 173952 | 0.045 |
1 | 50000 | 0.044 |
1 | 232581 | 0.043 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 111916 | 2 |
0.053 | 65708 | 1 |
0.054 | 96556 | 1 |
0.055 | 579 | 1 |
0.056 | 19995 | 1 |
Last trade - 10.45am 06/09/2024 (20 minute delay) ? |
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