FRIDAY
9-AUG
Price took another W1 low and rejected after it took out JUL low as well.
The momentum is heavily bearish and a reversal seems unlikely before price reaches the support level around 0.0020.
Price has been rallying the last three days but it may face lots of resistance above 0.0026 which was the previous ATH.
Any rallies above that could provide shorting scenarios.
