From here there could be 2 scenarios, either maintain the price above $40 for to go nearer to zero or simply a drop in price to smooth out averages. My take is this will still take some time as weekly chart is still far from good and the moving averages are still not in line yet. I believe that price will have to revisit the 30s again before we see any break above $50. Note: of caution is to respect market and not what Tom, Dick or Harry thinks!
Till then I will trade what I see on the H1 chart. Cheers and happy trading.