The downtrend was way to fast (read : steep) , a bounce was very logical. But even the large green daily candle on the long term chart matches perfectly in a downtrend. On short term chart we see a V-recovery which is strong. Long term wins, but because of the V-recovery it won't fall immediatly. Normal patern is a long dump period after the relative short pump period (since march 2016) on the long term chart. imo
I'm still bearish...
Exactly what I'm saying over long term.
Not within days back down.
Markets wants people to be confused about it.
I share your vision.
Yes that is true, in the short term markets are irrational.
But I think the crash will continue pretty soon, perhaps by next week.
09/20 Anything is possible in crypto. :-)
And it's all going very very fast.
I don't know and cannot give a prediction. really it's brrrr... haha
09/22 Your wrong , starting this week.
Kidding , profitgenerator. Great call / vision ! congratz :-)