The lack of significant volume makes it difficult in DFI to apply proper technical analysis. But so far, it looks like it could make another pump soon if resolving this triangle to the upside.
Comment:
Okay, we are looking for a daily close outside the triangle - so not just some spikes here and there:
Comment:
Alright, the formerly drawn triangle didn't work. Instead, we can see a horizontal channel (blue rectangle) which seems valid. We are looking for closing prices above or below this channel to get a clear signal. In my eyes, it's a little bit more likely that we resolve this channel by breaking out the upper side.
Order cancelled:
Okay, it looks bearish. So we've got to wait until the next setup for a bullish trade occurs.