As shown on the daily chart, on Feb 4th, the price broke out the downtrend line with a big momentum and since then the price has been moving up. The price now retest the resistance at 44,456 and if the breakout happens, we expect the price will go up to the next resistance at 51,292. If breakout fails on the other hand, the price will bounce back down to retest the support at 40,517. The price now moves above the three moving average lines, and this could be an early indication for the reverse of the trend from bearish to bullish. The best places to buy more with caution are around 40,517 and around 38,000.
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GOOD LUCK
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GOOD LUCK