We're coming close the downtrend line again. This is a decision point. Will downward trend be resumed, or are we finally breaking to the up? Next hours will tell. There are some strong up signals (rising RSI), but bouncing off the trend line could invalidate them.
Comments
MaciejTrebacz
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@artiguste: True, I revised the trend line since then and it seems that the price touched it and then bounced off it perfectly, as predicted :).
artiguste
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Maybe your downtrend line should be a bit higher.
I see now candle over your line but I would not validate yet your hypothesis