$RED Main force buying in, is it a stage of pump and wash rising? Don't miss out!
The trend of RED is quite classic. Although it's a newly launched coin, people have mixed feelings about it. Currently, the main force has been pumping it up. Chart ① shows the main force's test line, with volume testing. The bearish forces are still strong. In Chart ②, after the test, the bearish forces weaken, and the selling volume is decreasing. Although the volume is decreasing, the downtrend is significant.
Short-term: Sideways rising, it has already broken through the resistance level. A big bullish candle is expected next. The main force is pumping, let's follow along.
Long-term: Currently looking at a rise, in the process of washing and pumping.
Due to the trend and volume being better than $TRUMP Trump's coin, I've played with it a bit in the last two days. Do you think RED will rise?