Market back up but was this the drop?

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Market back up but was this the drop?

Was this the drop or will we drop some more?

Anything could really happen at this point, however for the shorter term I think we will see another retracement and could be another leg down, but for now I'd say a retracement since the 6 hour looks like it's about to cross to the bearish side while the higher time frames tells me it's going further up. I would expect a .5 to about .618 retracement from this last leg up which would get us to around 2050-2100 USD levels.

Market back up but was this the drop? | Ecency