This is still in a downtrend. A few spots where it will correct, but we will wait till it comes back to .35 to buy and hold for next up trend. Currently at a good place if you want to short this one on the way back down
Thanks for the insight - I thought it was about to find its bottom and bounce back up. What do you think the driving force is for the downward trend?
Elmind
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@dzygadlo, More sellers than buyers is the simple answer. the sharp uptrend that you see is what is called a dead cat bounce, but we see it as still in a downtrend, better to short than to buy but do your own research and make the best choice for you.
impmaster
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You can’t possibly be serious about this hitting .35 lmao what a clown