if we look at the HA candlestick on Friday's close
you can see that it turned green
and look at previous two times what happened after it turned green
I believe few will jump in in the morning or late Friday afternoon thinking they were in for next ride but then....
so today's drop is accompanied with increasing volume, so regardless what or how high the volume was in the past during up or down days.
the drop todays come with higher than previous few day's volume is not looking good, imo.
but why it didn't drop below 7.5c is because it is near long term moving average, so you would expect price to find support there.
if the post-TH update proves that the drop is due to the negative news then this will become resistance.
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if we look at the HA candlestick on Friday's closeyou can see...
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.510M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.2¢ | $1.562K | 130.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 956055 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 1106786 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 956055 | 0.012 |
7 | 2726295 | 0.011 |
8 | 2622123 | 0.010 |
6 | 1813333 | 0.009 |
1 | 150000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 1106786 | 4 |
0.014 | 1696316 | 7 |
0.015 | 63023 | 2 |
0.016 | 310029 | 3 |
0.020 | 210000 | 1 |
Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
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