@watchthisrise thanks for your chart we do need other perspectives here...now not trying to being a smarty bottom but I`ve put your own TA over a few other examples here..and also corrected the trendline your worried about, (a trendline needs to be drawn from 1 pivot low ie; "support" to the next higher low "support").. support is the trend progress were wanting to track, there`s no reason to set the starting point any earlier than the 1st pivot low, you`ll end up with a totally skewd trajectory out where you need it to be true....in all these examples below with your TA, RSI is still in "continuation".short term price is "resisting the 5 ema", Vol is "increasing" briefly...the lower trend line though has not been broken because we don`t yet have the 1st "higher low" to set a proper trendline to..I will say that price has gone that extra little bit deeper here though not the usual 62% Fib retrace but .78% this explains the sever momentum divergence were seeing..imo... I`ve thrown MEI in as well because a couple here think we should be comparing similar FA....we`re not though its simply comparing price traveling under momentum.
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@watchthisrise thanks for your chart we do need other...
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Last
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Change
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Mkt cap ! $20.11M |
Open | High | Low | Value | Volume |
2.1¢ | 2.2¢ | 2.1¢ | $260.8K | 12.15M |
Buyers (Bids)
No. | Vol. | Price($) |
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11 | 7258906 | 2.0¢ |
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Price($) | Vol. | No. |
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2.1¢ | 280000 | 2 |
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No. | Vol. | Price($) |
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11 | 7258906 | 0.020 |
7 | 7679052 | 0.019 |
4 | 6533667 | 0.018 |
12 | 6958037 | 0.017 |
12 | 12497988 | 0.016 |
Price($) | Vol. | No. |
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0.021 | 280000 | 2 |
0.022 | 1637047 | 4 |
0.023 | 2820963 | 8 |
0.024 | 2671810 | 9 |
0.025 | 792419 | 5 |
Last trade - 11.26am 27/05/2024 (20 minute delay) ? |
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