Looking at the daily charts (which are my new favourites at the moment). If you look at the volume oscillator since the crash it has been low all the time except of two occasions recently, which at the same time being overbought on the Stoch RSI and yet the price was still going up all the time. I'll just leave this quote here from Investopedia
"It is important to note that an increasing price, together with declining volume, is always, without exception, bearish"
This could change over the next week or so, but with the volume still being this low against all averages, I would still be on the bearish side until I see a larger volume coming into the market.
All thoughts are welcomed
As always, this is just my thoughts and observations rather than any financial recommendations for what others should do.
"It is important to note that an increasing price, together with declining volume, is always, without exception, bearish"
This could change over the next week or so, but with the volume still being this low against all averages, I would still be on the bearish side until I see a larger volume coming into the market.
All thoughts are welcomed
As always, this is just my thoughts and observations rather than any financial recommendations for what others should do.