XXII
After a fall from 2.60 to 1.98 it bounced up to 2.25 and that became the new support level. A week later it hit the Resistance again but the RSI and Bollinger already showed signs of a downtrend. It is sitting at 2.19; alert was set at the crossing up of 2.25 when it reaches that point I will be looking to buy in.
Comment:
Whenever the price crossed my alert at 2.25 I didn't buy in because the RSI and The VWAP were showing signs of a false breakout.