Lets have a look at what price action is telling us so far. keeping in mind that an Elliott wave impulse
(5 wave rise) usually comes off a complete and confirmed bottom (ie "double bottom")
1 double bottom at 003c (with bullish divergence on some indicators) ..tick
2 a good vol push on the wave 1 took price above resistance at 006c...tick
3 the retrace on light vol found new support at the old resistance area. 006c...tick
4 new and even larger vol came in at support and carried price above the last high at 009c. again
(typical of a wave 3)...tick
in summary old resistance becoming new support , price expanding, vol expanding,..only one way to go imo.
typical wave 3 target 1.618% is around 02c.![]()
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Lets have a look at what price action is telling us so far....
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.91M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.6¢ | $900 | 150K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 16600971 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 2565681 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 16600971 | 0.005 |
11 | 12851088 | 0.004 |
6 | 6269009 | 0.003 |
6 | 8100000 | 0.002 |
6 | 7750000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 2565681 | 3 |
0.007 | 15599878 | 20 |
0.008 | 4279506 | 8 |
0.009 | 3242332 | 5 |
0.010 | 8071825 | 10 |
Last trade - 10.09am 20/08/2024 (20 minute delay) ? |
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