I think we will now see see a slight correction back up to the downward sloping resistance line of the black symmetrical triangle. The current market down trend will then continue until we again re-test the former low at $0.25 that will finish wave 5. This price has significance due to being a previous bottom and it is approx 93% of the ATH.
Due to the hype surrounding wall streets entry into the market I anticipate us again retesting the upward resistance late January forming a higher low.
Good Luck!
Due to the hype surrounding wall streets entry into the market I anticipate us again retesting the upward resistance late January forming a higher low.
Good Luck!