To my basic TA unerstanding (still reading up on it) wouldn't a bounce of the dominant lower bound be a further confirmation of the upward trend. if a rebound occurs we have 4 points in a trend which is a relatively strong trend line.
4 lows in a bullish trend line
13/7 @0.053
30/8 @0.057 (+48 days)
18/10 @0.061 (+49 days)
6/12 @0.067 (+49 days)
Depends on your timeframe but looks like it is still in a strong position. No?
