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Re: Dusty18 post# 159185

Monday, 09/12/2022 5:59:44 PM

Monday, September 12, 2022 5:59:44 PM

Post# of 198712
I was just lookin at that on the charts. The current support may hold around .0375 which is where the market rejected going lower leading up to the big 2021 run. If it falls through that level, the next established support line in recent history is .02

This is threatening breakdown on both the weekly and daily, and though RSI is low, it has historically gone lower. Should be an interesting next few weeks with or without news. With it this oversold, I agree that good news could send it.

Not shown below, there's a Head & Shoulders on the hourly which may take us briefly to .035.


Weekly chart:





Daily chart:
Legend: Pink dashes & light blue is bollinger bands, dark blue is 200 MA.





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