This can be read as an update to my previous Idea, referenced here
There was a double bottom, and we have an upward trend reversal confirmation!
We broke through the upper limits of the previously identified channel and *also* through the short-term bearish trendline at the same time. I feel that we might stay *up* from the previous, pre-august, pre-namechange channel.
This would mean we maintain some of the gains from the previous rally, and we are *yet to establish* an upper limit for the new bullish channel we find ourselves in, if the trend line around the 0.0075 mark remains as support.
Advice? Buy and hold.
There was a double bottom, and we have an upward trend reversal confirmation!
We broke through the upper limits of the previously identified channel and *also* through the short-term bearish trendline at the same time. I feel that we might stay *up* from the previous, pre-august, pre-namechange channel.
This would mean we maintain some of the gains from the previous rally, and we are *yet to establish* an upper limit for the new bullish channel we find ourselves in, if the trend line around the 0.0075 mark remains as support.
Advice? Buy and hold.
Here is the previous view.