Dump cancelled
Updated
After several days of sideways, the outcome is not clear. However daily money flow and RSI have been holding strong on the significant 50 level. Both indicators formed a head and shoulders pattern that seems to be over now, leading to a period of consolidation or uptrend.
I still don't feel the upward trend, but breakout over the 450 level would definitely start a new bull market. And even if it drops, it can retest 400 withoug denying the uptrend.
I still don't feel the upward trend, but breakout over the 450 level would definitely start a new bull market. And even if it drops, it can retest 400 withoug denying the uptrend.
Note
We have just reached the upper resistance, so watch out for the fomo train that will be leaving soon.
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