Over the last few months, ST1 hit an all time high, underwent a correction, and is struggling to consolidate.
In hindsight, the telltale sign was the bearish engulfing candle on September 3rd.[1] On that day, It opened at an all-time high of 0.45, only to close at 0.40 - a 10 per cent drop from the open. That was the end of the multi-month rally.
By the end of September, ST1 closed at 0.35, breaking the pink line of support.[2] A few days later, there was another touch of the descending yellow support line (taken from intraday lows).[3]
In mid-October, a sudden bounce saw a testing of 0.40 - this was a key price line, being the close of the past bearish engulfing candle. But the daily candles could never close at that price,[4] and things soon went bearish.
This became a downtrend for the rest of the month, and another touch of the descending yellow line, this time at 0.325.[5] In the past week though, ST1 had taken another bounce off that line.
Looking at the upside, it first needs to contemplate some potential overhead resistance (blue line) around 0.39.[6]
Looking at the downside, there is still a gap between 0.32-0.325 (grey zone). This emerged in August, and hasn't been filled yet.[7]
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Last
4.4¢ |
Change
0.001(2.33%) |
Mkt cap ! $60.13M |
Open | High | Low | Value | Volume |
4.3¢ | 4.4¢ | 4.2¢ | $10.08K | 239.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 46983 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 1045 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 46983 | 0.042 |
1 | 167732 | 0.041 |
2 | 327772 | 0.040 |
3 | 712821 | 0.039 |
1 | 50000 | 0.038 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 1045 | 1 |
0.045 | 50334 | 1 |
0.046 | 300 | 1 |
0.048 | 25870 | 2 |
0.050 | 28211 | 1 |
Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
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