Geez, for a little mob with tiny amounts of liquidity, this was...

Geez, for a little mob with tiny amounts of liquidity, this was a bastard to study and chart up.

In effect, I would HOPE that it revisits 18.5-19.5, which also coincides with fibs,and then it will likely breakout. The direction is to be seen, but upwards pole i
ndicates a break to the upside.
IMO, it SHOULD head to the upside, but it will.face a wall of selling pressure on the way up.

Weekly shows selling pressure wicking (resistance) from anything north of .215 up to .245, but the daily shows really good buying support from .19, then peaks out at .215 again, where it runs out of buyers.

From the end of December(31) until today, there were 6020 transactions @ vwap of approximately 20.15cps.

Friday 16th Feb, there was good volume, high trade numbers (.1000?) and the start of the newer uptrend.

Volumes, albeit some buying, indicates more churn than impetus.
RSI based ma round 50 also shows some indecision, but there is still some buying going on.

EVERYTHING shows a tick up at present, but short term divergence on the VFI appears to back up my churn theory to the 18.5 fib, even though obv is steadyish to upside.

This is LITERALLY a 50% trade right now for my tiny brain, but lower highs and flattening lows ( bullish pennant?) points to a coiled spring appearance, and IMO, it will hopefully break upwards.(.ANYTHING can happen however. It is a strange market atm.)

The illiquidity will magnify movements, but i am really interested in this one and will be following to see what eventuates..

* Pic of some of my crayons, with more on another set of screens, showing weekly, down to to 45 min breakdowns, of buying behaviours...