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Hello U .......and seasons greetings to you and all.
The lr chart from the 21c. sp high on 15/02/2011 to the 0.013c. sp low on 24/03/2020, generated an UPPER channel range of 13c.
From 24/03/20, key upside TP's/horizontal resistance tests are forward looking (extrapolated)......PREDICTIVE in nature .....and will be (generally) MULTIPLES of that 13c. range, including range mid points.
Fast forward to the other side of that $1.875c. peak.....not a good look.......and above principle applies to the down side.
Cheers.
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