With hindsight being such a wonderful thing, maybe I should have given more attention to the bearish divergance I saw the other day when I called for a dip, after which I unfortunately changed my mind. Price is now falling quite dramatically and has spiked below the bottom of my fork and looks to be still falling.
Anyway heres how its looking compared to my fork at the moment with 1 hour candles.
To try and guess where support might be found I’ve extended the fork with some lower trendlines, failing that perhaps we’ll head all the way down back to the 600’s where I’ve shown a possible blue line of support. Guess I’ll just wait and see.
Edit: Just been watching the price leaping up and down, quite manic! Maybe I should log off and go for a relaxing bath or find something better to do. Anyway heres aother idea for support which just occured to me. Looks like quite a strong area of horizontal support here.