Hi Tiges, yes there are red candles down, 4 actually, nothing ever goes up in a straight line. The positive is that it's sitting on support and not declining. The trend , all be it small, is up at the moment, seen by the blue line with higher lows. Candles are only a piece of the jigsaw, for me, it's when I see a number indicators combined with others that are all in the right place at the right time is when you generally know it should move. Obviously not 100% all the time, but it's nice to stack all the odds you can find in your corner before you buy.
Wouldn't really call it a pump and dump, slow and steady is good thing. As I said before I have been waiting for ages for this to look like it has bottomed, and in my eyes, it looks like it has, to me it's the best it's looked for a long time.
Wouldn't be the first time I was wrong Tiges, so don't hold your breath. Just my opinion.
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