Although price has moved out of the channel, I'm not sure we're in the clear yet.
Still think there's a possibility of price coming down to sweep the lows - I think if price goes down to retest the $.70 region again, It's unlikely to hold as support which would setup a move lower to between $.41-$.54.
If this were to happen, then I lean towards the timing of a move higher to not happen until the last pivot on the chart and for the beginning of January to be bearish.
Let's keep watching the price action over the coming weeks
Just want to share some thoughts--- however, I'm not certain which direction things will play out.