We have a bullflag, which if it executes still does not break the bottom of the cloud. If we turn south from there I see $5600 USD. If there is sufficient volume at the top to get into the cloud following that flag, we go into an 8-10k channel. If not the corrective channel is gonna be 6 to 10K.
Of course this assumes there is not some massive manufactured bad news to release at the start of the next downleg, orange or purple. Always gotta worry about timed bull****, right?