Without huge volume, we won't be able to breakout and that's okay since we just broke out a few weeks ago. We need around x5-6 volume of what we're currently doing in the last few days to go parabolic.
The market is consolidating right now after getting rejected four times at around $3.6 price. But IMO that's actually good since we get to see the bigger trend line (see white line in the picture) forming and the market respecting it. Longer consolidation means bigger parabolic movement. (Ideally longer means weeks or months but we have a nice trend line going) .
I don't expect any big price movements prior to the announcement because our chart looks boring right now (except until Dec 3-6). So most traders will ignore us until that date where they're going to take long positions, the bots will follow and then the FOMO, all three fueling the breakout movement.
Sorry for my bad english, also feel free to correct my assumptions. I'm open to learning new things every day. Thank you!
Edit: This is just pure Technical analysis, fundamental analysis can still be a huge factor that might ruin this chart (explosive events, news, bitcoin dumping - tho it dumped twice but still respected our white trend line).
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