According to the 2011 bubble... this is what should happen....
Don't know why but i started drawing lines and this is what i think.
I have this random idea...
This is based on actual resistences and support levels and the other bubbles pattern... it might fail, i am just publishing to observe if there is correlation. I put the starting point at 316 eur, which is actual price, but it might go down to 200 eur before starting the pattern.
No pattern spoted yet (except bubble burst xD)
------------------------------------------------ WARNING: This is trading-fiction!! ------------------------------------------------ I am inventing most parts except the lines that represent market forces. Based on them i believe that we will see 2000 USD or 1400 EUR soon. You can follow the yellow line which represents the path i believe the price will take...
Maybe after this correction we can go up again
my reentry level is 110usd right now
I suppose something like this will happen.