But when we zoom in a little closer to the 4-hour candles, I can see a tiny bit more downside before climbing back up if this is indeed the start of an uptrend. It does look like it is trying to form an uptrend, at least for the short term. It appears that it might follow the new price channel I marked in the purple lines. The price might stay within these levels potentialy. Those are the supports and resistances I am watching. Especially that area circled in green. That is my area of interest for a swing trade, possibly to the upside. The 4 hour candles look like a bit of downside before a bounce up. The daily candles look much more bullish.
102640653 : Last few minutes strong buying in Tencent n Alibaba
71356828 : Good call