$14.4 key support

If we find support at one of the retracement levels, coloured green, above $14.4 in the first few days of December or middle of December, expect continuation of the bull market. If it turns without finding the appropriate support, consider it the B wave of a corrective formation.

Otherwise, breeching of $14.4 means we free fall to lower levels.

Kommentera:

Small retracement, will consider it a successful uptrend if it closes above $29

Kommentera:

$19.1 seems like the most probably. If it doesn't hold, consider $14.4

Kommentera:

Looks like we've topped at around 26.5$ so expecting us to go down now

Kommentera:

Looks like we've topped at around 26.5$ so expecting us to go down now

Kommentera:

Beware the bulltrap. Price and time have not balanced.

Expect a dump either today or tomorrow taking us below the previous low of 15.0 to around $14.4-$14.6.

Once those levels hit in that time frame, expect resumption of bull market. If 14.4 breeches, along with 13.3, be very concerned.