There's a fairly decent chance this correction off the 0.078 high is already over.
It fulfils the rules for an expanded flat. If we move back past 0.078 I'm mostly confident in saying it shouldn't complicate (and go sideways) further.
Non EW looks good, price re-entered and respected this parallel channel.
Note the OBV oscillator, very strong.
I've gotta say I'm surprised it didn't retrace lower lol, I really was expecting 0.037, at least 0.042.
I'm not really willing to make any price projections here, MGT is just too good it keeps blowing my estimations out of the water.
Nothing interesting really to add, still decidedly in an uptrend.
EW would dictate one more advance then a pretty high degree retrace/correct, but considering we're waiting for PFS and keep getting bullish news, I have no idea hahah.
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There's a fairly decent chance this correction off the 0.078...
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