But it is obvious that the resistance is now at $0.005, where price has formed a . In addition, downtrend has been rejected, along with the upper of the .
This makes $0.005 a very strong , which being rejected suggests the potential correction down. Price might retrace towards the 200 Moving Average area or even all the way down to the uptrend .
However, watch the resistance breakout as this should indicate strong momentum for the ONC /USD, where x2 growth potential will become highly probable.