If it closes above the triangle on the 4 hour and the daily then I believe the next stop will be $1.60. Long term HODLERs could easily see $2.00 and beyond. I have a tight SL on this play at 1.20 because of the tug-of-war going on with bitcoin . Either scenario is possible - so this is a pretty high risk/high reward play. 10% of portfolio at tops.
(The usual spill this is not financial advice etc. etc.)