$AIXBT

HTFs like the Weekly are still looking for a confirmed recovery, but the good news is that the lows have held up to this point and even appear to be basing in a new Stage 1. Zooming in on the Daily, we've even retaken the 50DMA. The Phantom is a bit shaky so we haven't officially flipped just yet back to bullish, but regardless, still a great sign that price is back above the track line and green dots attempting to print consecutively again. Need to see how this PA plays out through next week.
Now, zooming in even further is where it gets tricky. Though we did have a decent relief rally the other day, it appears to have fizzled out alongside the rest of the market. Notice how the Phantom indicators are pulling back to neutral -- not quite negative yet, but there's a clear downtrend in it; which also coincides with the recent local top confirmation and bear divs since that relief rally. Now, we need to see a bounce back above the track line again. For now, it's a "sit on your hands" moment because we're well below the track line on the 4HR and consecutive red dots with a hidden bear div looming, as well. We would need to see some strength back up before we can assume any further uptrend continuation from here ✌️ FYI @devo_ath