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Some basic TA - Based on low of 2c and high of 44.5c Next Fib...

  1. GunnerGecks
    473 Posts.
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    19/11/18
    11:50
    Post #: 36555729
    Some basic TA -

    Based on low of 2c and high of 44.5c

    Next Fib Retracement support around 18.5c
    Next Fib Retracement resistance around 23.5c

    Daily chart default Bollinger bands are showing constriction of both bands (volitility weakening)
    Upper band currently around 24.5c
    Lower band currently around 8c
    Median line 16c

    Its looking like price may start to breakout along upperband if expectations from presentation are positive.

    Also daily default MACD currently showing positive divergence from 15th Nov.
    Last edited by GunnerGecks: 19/11/18
    BIT Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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