On a correction down, uptrend once again provided the support, stopping further decline of the CLAM/USD. At the same time, a was formed on the oscillator suggesting that price bottomed out and could be ready to resume the uptrend.
According to cycles, Clams is now ready to produce yet another all-time high, although there are few resistance levels to watch. Frist is $8 and second is $12, where the was formed. If Clams will manage to break above the $12-14 area, the price is likely to continue moving higher, but this time exponentially.
On a downside, if uptrend is broken, CLAM/USD could go lower, towards $2 - 2.5 , where the buying opportunity would be extremely attractive.
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