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     7 years ago (edited) 

    It's hard to say really there are several indictors that show a bull trend forming.

    1. The volume remains high even if a lot of them are sell offs.
    2. RMA trend line is still upward from the bounce in the beginning of Feb.
      3.Trend line is collapsing into a flag price jumps are getting smaller and smaller

    My prediction says the first week of March and we will be out of the trend line. But it could take until March 15th or 16th to break out!

    Technically in the long run we are still in a bull trend. This bear trend is more a sub-trend.

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