1) IMO: It seems like we will be in a downtrend next week for a day or two towards the low of ~$560 to ~$565 before the bulls (retail investors sentiment) start buying in before Dec 21, 2020. Mainly due to S&P 500 listing. We could see heavy volume on the coming days to ~$608 to ~$636 - by Tues/Wed next week till near the end of the week due to FOMO and a bit of cool down/profit taking. If volume stays high past Dec 21 we might see a new higher high forming and a sell off...
2) IMO: we are in no mans land so it can go either way especially it doesn't hold support at the inverse cup and handle as indicated at ~$565. Which could bring the price as low as ~$490 or $463 before bouncing upwards with heavy volume higher highs...
3) Personally, I want to see the price lower than ~$540.
**Disclaimer: This is not financial advise of any sort nor I'm I a financial advisor. Trade at your own risk! Goodluck & Cheers!
2) IMO: we are in no mans land so it can go either way especially it doesn't hold support at the inverse cup and handle as indicated at ~$565. Which could bring the price as low as ~$490 or $463 before bouncing upwards with heavy volume higher highs...
3) Personally, I want to see the price lower than ~$540.
**Disclaimer: This is not financial advise of any sort nor I'm I a financial advisor. Trade at your own risk! Goodluck & Cheers!