The TA on this chart is mainly based on specific areas of . The pitchfan is set against the two lowest points in the last 6 months and the peak of the recent top. It has been crazy to watch as the team has put out numerous updates since that high point only to see the traders who bought in around $2 sell off during the market pullback.
There are two important points of resistance around 2.25 and 3.14. As well, I am watching the .25 range (orange highlighted line) in the pitchfan as it creates several points of resistance on the chart.
There is a control point around 1.6-7. If the price moves in that direction, this is an area that is likely to see consolidation before the next move.