Nothing says it has to touch $0.0283 just FYI - a test of support is normal but that doesn't necessarily mean it reaches support... I'd say $0.03 is close to support...
$0.0283 was the resistance to break for a blue sky breakout before it recently did... When resistance is broken and closed above (like it has been) it becomes support... So I am claiming $0.0283 as a support line... But there are other support lines like trend lines etc. too...
That said there is a possible Head and Shoulders forming - which means there could be a dip moving forward...
This isn't necessarily going to be a massive dip... But a dip... Like I have been saying I believe today would be red, and that we'll probably close between $0.0283 or $0.03... Or around there...
Could be wrong - but the pattern I see kind is kind of an omen...
We'll see, nothing is 100%... But that is my prediction still...
For those who need help understanding the context, I am saying anything possible - and it is, nothing is 100% perfectly accurate... But I MADE A PREDICTION... And that is what I am saying is probable... It's not playing both sides of the coin, it is just saying "this is what I think will happen" but acknowledging anything can happen... Hence, a prediction... Not a fortune telling...
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