Description
⋅ It is in my opinion very much a speculative one but what I see at the moment:
1) from a wider perspective: a cup & handle
2) from a Wyckoffian perspective: it may be a re-accumulation.
I expect the price will reach the psychological level of 0.1 and may expand further above.
Comment
⋅ A scenario: A cup&handle is forming. The next target can be 0.063.
Comment
⋅ Pprice is moving towards 0.062. I think it will be pass that level soon. My target is still 0.1.