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Replies to #89 on Hall of Voices

justavoice

01/21/20 11:48 AM

#90 RE: justavoice #89

*CRSM Level 2*

Bid support has 50k at .033

And an additional 40k at .03


Ask is thin up to .04 which has a substantially large stack of 307k (about $12,000)

That may get pulled if the bid see pressure building up to the ask.

Volume has slowed showing a possible decline from here.

That leaves a large wave up to .041 and a second wave recovering to .0366

Whether the chart goes up from here will be a guess but if the ask gets no large stacks under .04 it may go up to test the .04 wall


*Volume showing the wave dying down, next reaction will likely be another push of the bid to keep volume back. Likely end with ask selling into bid if unsuccessful*