Short term sentiment pendulum shifting back to bullish?
Maybe yes ... 2m Wipe hit the Sell side Q @ 19c just now.
RSI -Trolls indicator showing strong buy signal for couple of days now.
Plenty troll hot air and froth expended by Our group - Bless them, and... I notice that hot air appears to be getting very little (if any) traction going on price action. RSI wise - the RSI is low for an uptrend of 50 ish which is buy zone . Will we bounce back up ? Quite probable
When we hit 22c last week the RSI hit 80 ... So we hit the very short term ceiling... now with a few days breather the RSI projected @ 80 has expanded out to 28.5c .... So now we have clear air again and plenty of head room to maneuver up.
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