The remarkable price action of Ton included an extraordinary negotiation volume – approximately 10 times the average of the period during peak hours, with strong support forming $ 2.97 to $ 2.98 and a new resistance established at $ 3.27.
The most dramatic movement occurred in a two -minute window when you skyrocketed from $ 3.18 to $ 3.29, accompanied by a volume greater than 2.1 m in a single minute, demonstrating a powerful purchasing momentum despite a late profit taking.
Strengths of technical analysis
- Price consolidation model between $ 2.97 and $ 3.04 for most of the period before going out.
- Solid support was formed at $ 2.97 at $ 2.98 with several tests throughout the period.
- New resistance was established at $ 3.27, suggesting an upward extension potential.
- An extraordinary volume peak with 19.7 m and 15.4 m in consecutive hours, approximately 10 times the average of the period.
- Clear Canal Ascendant formed with higher stockings on the hourly graph.
- Most dramatic price actions have occurred between 10: 53-10: 55, with a ton up $ 3.18 to $ 3.29.
- The volume of one minute exceeded 2.1 m, which is less than 20 times the average minute volume for the period.
- Certain profits have emerged in the last minutes while the price recovers $ 3.27.
External references
