We have a channel forming and it's based on the trend before the bubble, expect to range in this channel for some time.
Ultimately we will continue the upward trend for the short term (days to weeks), to test some of the highs created during the last pump. Be careful going long in this period, because at some stage it will return to the downtrend and test previous lows in the 1300's.
Ultimately we will continue the upward trend for the short term (days to weeks), to test some of the highs created during the last pump. Be careful going long in this period, because at some stage it will return to the downtrend and test previous lows in the 1300's.
