Distribution expected since 16/3/2021 as it tried to push through Gann price of 1.06 but failed (which is a sign telling that rally for wave 5 ended), and now the pattern clearly seen.
Final distribution take at price range of both Gann 0.86 and 1.06, where price had been pump and then dump slowly can be seen several cycle.
Current price had break the range and...
Dynamic support has became resistant... On 23rd March, price tried to push through but failed...
After Distribution and MarkUp done at all 5 waves on left handside, believe RM2.3 - RM1.5 will be the price range for ReDistribution on right handside before next MarkDown.
Bias to reaccumulation, there’re several cup and handle pattern visible during sideways... Test of supplies had been done twice (19 Jan and 22 Feb)... Expect the price not to, but may test below critical Gann line (0.81)
Seen clear distribution pattern (19 Feb - 26 Feb) and failed to break, previous support has become resistant... Expect to retrace (Wave 4) and play in range (0.49 - 0.58) before push for next wave.
