looks bearish, down trend will likely continue down until it reaches between 300-400 before gaining support, this will likely also include key buy entry, may cause an uptrend, however their is currently enough FUD with Tron pushing it further down.. will need some bullish support in around 300-400 to potentially recover.
getting to critical point within triangle, nearing end of adjusted Elliot triangle wave, still needs to hold between support and resistance, likely sideways move before bouncing Jan 17-18. moon coming.
I see Bull run coming in the coming days/week... I see support at about $215, completion of the last wave and should be heading up so long as it can test and surpass $245 mark (black line). if successful, we could see nice run to target 1 and target 2 and beyond, if test fails, could come back to low support line but will bounce back with another rally. just my...