What we have going on here is your classic struggle between the Bulls and the Bears regarding the Real Estate of the 200-day Simple Moving Average (SMA) the Bears will fight to keep the price from closing above the 200-Day SMA and the Bulls of course want it to close above. At present, there appears to be a lot of sell order stacked up at $0.0033 so, the BUlls have there work cut out for them. Since the market is very overbought here, I'm guessing that the bulls will eventually retreat at least temporarily before making yet another attempt to blast through this barrier. The picture on the chart however is one of a BULL Market scenario where the price can remain in an over bought state for long periods of time so, well see what unfolds. The divergence I pointed out was not really that strong but usually when there is a bearish divergence it is followed by a drop in price.
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