I was almost ready to give up on $NIGHT until I saw this hourly close.
We’ve been stuck in this messy downtrend since tagging 0.083, but the way it just caught a bid at 0.076 is actually interesting. It’s trying to establish a higher low here after that nasty flush to 0.071. Volume is starting to sneak back in on these green candles. If we can clear the 0.079 level and hold it, I think we’re heading back for a retest of those 0.083 highs. If it fails here, we’re likely heading back to the 0.073 basement.
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I was almost ready to give up on $NIGHT until I saw this hourly close.
We’ve been stuck in this messy downtrend since tagging 0.083, but the way it just caught a bid at 0.076 is actually interesting. It’s trying to establish a higher low here after that nasty flush to 0.071.
Volume is starting to sneak back in on these green candles. If we can clear the 0.079 level and hold it, I think we’re heading back for a retest of those 0.083 highs. If it fails here, we’re likely heading back to the 0.073 basement.
#PostTowinNight