confluence around 0.5 which may give some relief,
but Bulls would like to see a move, as shown with the green arrow
in the chart. If 0.5 breaks down, look for intermediate support
at 0.4 and then 0.2 looks to be the next solid .
It is looking bleak for the pair, as with many others, as the total
market cap keeps falling. But we are reaching levels, were long
term bigger holders will see it as a good opportunity to step in,
investors with a few years of investment horizone. It can shift
quickly. Some by the Daily S1 currently at 0.6.
A bounce is likely to be sold off.
0. .52 Yearly S1/Weekly S1/
Daily S2/Daily SMA200
0.4 Daily S3
0.2 Monthly S1/Weekly S2