If we can break through the trend line, hold on tight.
If we don't, alternate path for lower highs until we manage to.
Not investment advice, do your own DD & research.
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Trend has continued. Path has obeyed downward trend with lower lows. Break out above this orange path would be bullish and may signal a strong reversal.
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Watching closely for confirmation of breakout. If break through fails, back down to .27 or so, which would be a prime opportunity before the next run up to .45 or so. Possibility of consolidation here as well, which would be bullish.
Stay tuned.
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Still obeying shelf.
No breakout.
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Load the candles and you will see the path continues downward along with the red path called. If we continue down to the .25 range, I expect sideways to slightly upward movement.