As before, we are now close to a break out. This means that the downtrend stop luckily and we will be in an uptrend for a while.
Short term, we are currently overbought as the and show. That means it will go down again, which also results in the same time the E-wave at the Triangle.
Good for us.
We can take small profits before it finally goes back up, but be forewarned. It can and probably will only be a bull trap. But you do not have to be scared about that.
I'll keep you up to date.
just do not be greedy.
When we had a bearish cross in the weekly 2014, the course collapsed over the next few days and we are about to do it again! The daily chart also looked bullish at the time. In truth, it was just a trap!
For now I am in Tether and I am waiting for the end of the weekly chart.