https://imgur.com/rGdvd1z
It seems for me that there is consolidation for further explosive growth of the token.
Or are these false signals?
What you see on the charts in the form of thorns, these are not signals, that's just huge orders, which were put when the course was low. Time for buying was two months ago, now you can buy also, but it's not as profitable as it was in January or February. The main downturn in the market has passed already, and now there will be gradual growth.
The best time to invest was a few weeks ago when we hit almost the same low as the last time, we are still not very far ahead anyways so there is still a lot of room for growth. This coin in particular though, not the best investment.
if for me, we are investing for long term, the current price we can say is still at the rate of low price, before yesterday at decreased prices, and now the price of coin in the market started to raise again the price, but for now for example us day trading must be careful in choosing the coins we will buy.