As you can see there, I have draw my downtrend channel, so, as the price has left the downside channel and has broken the Lower Lows and Lower Highs structure, we can think that from here the trend could reverse, just an impulse doesn't mean the upside trend has started, so, to get higher probabilities to confirm that upside trend has started I would like to see a correction, depending on how deep the correction would be we can measure the strength of the possible trend to the upside.
Getting a flat correction like a bull flag we can measure that the trend is strong, but don't take me wrong, if we have a not deep correction to take opportunities to accumulate, my prices to accumulate in long term are 0.20$-0.30$.
Getting a flat correction like a bull flag we can measure that the trend is strong, but don't take me wrong, if we have a not deep correction to take opportunities to accumulate, my prices to accumulate in long term are 0.20$-0.30$.