The elliot triangle wave looks to be holding true (ABCDE) and that means well be consolidating soon and maybe take off later. (YELLOW LINE)
If it doesnt hold, then it was a simple correction (ABC) and we are at the start of a new Elliot impulse wave (this would be wave 1-2) moving upwards. (GREEN LINE)
Worst case scenario is the red line, where we have a sell off and bounce off the high volume node down at the 100$ level, where there seems to be alot of buyers (this price area is what shot us up to the 400$ range)