Here are some examples of what I think may be happening. In 2016 miners topped (blue arrows) and declined to test the consolidation trendline. From the trendline test, prices bounced 1-3 days (sometimes convincingly) before a full-blown collapse.
Today – Prices tested the consolidation trendline. Is this the 1-3 day bounce before a full-blown post-election collapse?
Note: Closing above the $20.51 high would support a bullish breakout.