Here's my analysis:
Clay's charting is third grade, since he totally misses numerous technical points which can be, and often are, crucial. I never pay heed to his self-serving charts. Never. But hey, I don't need to, since I can think for myself.
MELY's 8K amounted to a $250K bitcoin acquisition. Great!
To expect a $250K acquisition to add $2.5M in value to the pps is ludicrous. It is what it is. '$250K' in new assets.
This 8K may allow MELY to retest resistance, but resistance is not an easy thing to break, and IMVHO, will only be broke once all 3 servers are beta tested and revenue can begin.
Hoping for anything more is simply being unrealistic.
MELY needs those 2 other servers running (and therefore, potentially revenue generating) before the market will take MELY higher than .0042.
(Sorry if I don't create a self-promoting video to explain the simple and obvious.)
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