Last time this golden cross appeared on the chart (may 2017) it signalled the start of big down trend.
Why is this time different?
1) Indicators showing overbought.
2) Buying volume declining.
3) Break of resistance at 0.023 not confirmed.
4) Big gap down to 0.013.
I'd take caution.
ESH Chart, page-37
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Last
1.4¢ |
Change
-0.001(6.67%) |
Mkt cap ! $7.094M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.4¢ | $23.82K | 1.637M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 2340026 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 515197 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LU7 (ASX) Chart |