News are shaking the price so good luck trying to guess the direction. Based on the trend lines I'd still expect upside coming in the next few weeks if we keep diving lower.
Totally agree with your analysis down to 2.5, but hoping the recent drop is Knee Jerk Reaction only and a strong return to 3.5 Seems no-one knows about Nokia Nasa and The Moon.
M0_BTC
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@nit2wynit, just to clarify I have no idea if the price gets there or not, but if it goes to 2.5 we should see upside based on the technicals drawn.