The new uptrend is almost confirmed now. To really confirm the uptrend the price will have to break up through $256 and then have an entire daily close above $256. The price has held stable above the bearish blue Fib line, see (1).
Previously the price ended the downtrend wave faster than I expected by not dropping as low and as fast as I feared, see (2)
(1) (2)
Previously the price ended the downtrend wave faster than I expected by not dropping as low and as fast as I feared, see (2)
(1) (2)