As you can see in the chart, and according to previous analyzes, the downtrend is over, and the chart is moving straight and building a solid bottom. The downtrend line is marked in the chart. If it breaks upwards, a good view can be imagined for it. To understand what I mean, let's look at the chart again at the time of the previous pump: Straight motion, compression and Boom!!! ...
Now the daily chart: It is still in the projected arc.
Hourly chart: The downtrend that needs to be broken.
Check the chart in 4-hour timeframe: As you can see, most of the sales and buys are in this range.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.