This is not "it"

[Kipsy89]

This could very well be the trend reversal, but we'll only know if it was the real one when we break through the long-time resistance at about $350. That's when the bull market is confirmed!

Getting closer!
Though I'll trust more the trend reversal when we break 600, the high we reached during the mini 2014 bubble.

Yeah, could also be a psychological mark, but I think it's more important to go by trendlines drawn on a linear long-time scale. That being said, the magic spot is at about $350 at the moment (going down)

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[Q7]

I think the trend right now is a slow and steady rise which is exactly what projects a healthy state of growth rather than a quick price swing and then going down back again. If it maintains what it is doing right now there's probably nothing to worry about. Sometimes even charts and with whatever analysis tools can be wrong

[Kipsy89]

I think the trend right now is a slow and steady rise which is exactly what projects a healthy state of growth rather than a quick price swing and then going down back again. If it maintains what it is doing right now there's probably nothing to worry about. Sometimes even charts and with whatever analysis tools can be wrong

The default direction seems to be up, which is the textbook definition of a bull market I guess. Let's hope that we surpass the final down-trendlines and continue this exciting adventure!

[HarmonLi]

I mean we're still at $295... We've only retraced a measly $10 from $305 or so... This is what I call a healthy rise. It's almost too textbook-y Bullish!

[uki]

I mean we're still at $295... We've only retraced a measly $10 from $305 or so... This is what I call a healthy rise. It's almost too textbook-y Bullish!

Definitely. I also like how this rise develops. Steady and stable. That is what we need for now. No need to cross $600 to claim the trend reversal. $360 is enough to break the last downtrend line. But slowly and without over-excitement , we do not need to rush there.

[okthen]

I mean we're still at $295... We've only retraced a measly $10 from $305 or so... This is what I call a healthy rise. It's almost too textbook-y Bullish!

It's looking much healthier now, I admit! Was expecting a dump not too much after than when I started this thread.
Let's see if we can break $308 (Stamp), that would make me even more confident