I'm wondering where some of you are getting the idea that the trend is about to reverse. Because of the 5 USD retracement we just saw? Or maybe I'm missing something that the candle watchers can see but I cannot.
The way I see it, it's not entirely clear if, in the short term (24-48h) we'll continue to go up or will stabilize at this level, but I see very little indication that we're going down right now.
you have a point. EDIT: I misunderstood you, I thought you said we're still in a downtrend and you don't see reversal into uptrend. lol.
The way I see it:
- If we break $115 the 2.5-month-long downtrend is broken and we're in a 1-month-long uptrend.
- If we break $67 the downtrend continues.
- before any of that happens, we're not clearly trending in any timeframe >= 1 month.