Price action has had further continuation upwards after the price action pulled back from 10,100 and bounced off of 9,800 support up to 10,400.
The has broken it's resistance, which further suggests increasing momentum on the way up.
Furthermore, we can see the oversold could potentially see a crossover here, and that would reinforce confirmation of a large move.
Bearish: If the price is unable to break the conversion line resistance (Blue), the price could fall back to 9,500 - 9,800.
Bullish: If the price action breaks above the current resistance point, we should see a push up to 10,700 - 11,000.
60% / 40%