You could look at the chart in one of two ways.
Firstly, it's completed the 62% retrace. The run was from 0.005 to 0.053 (so a move of 0.049).
The 62% retrace was to 0.023. We add 0.049 to that and get a target of 0.072.
Secondly, you could look at it from a longer point of view, and you eliminate the large candle.
If so, we just completed a 50% retrace, and the resistance levels up ahead are 0.057 and 0.077.
Either way you look at it, she looks beee ... aaut ... tifuuul!
GTR Chart, page-4
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Last
0.6¢ |
Change
0.001(9.09%) |
Mkt cap ! $12.3M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $19.24K | 3.210M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 52 | 37189344 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 6233469 | 10 |
View Market Depth
| Last trade - 14.17pm 02/05/2024 (20 minute delay) ? |
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Last
0.6¢ |
Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 0.6¢ | 0.6¢ | 0.6¢ | 506250 | ||
| Last updated 10.14am 02/05/2024 ? | |||||
| GTR (ASX) Chart |