Greetings to all.
Here is a follow up and update on the technical review on Mexter, made on 28th October.
1. Refer to the previous commentary on MEXTER (dated 28th Oct), the support was called at 0.455 after seeing a series of 4 days support above the price.
2. Finally Mexter has gained its momentum after a series of 6 days support at 0.455.
3. The price...
1. A breakout of 0.65 resistance with a large volume and followed by a supply testing with low volume.
2. The current price is supported by FR 38.2% of S2. Previous FR support (R1) is also 38.2% of S1.
3. Immediate support levels = 0.615 and 0.57
4. Immediate resistance = 0.65 and 0.695.