I expect a short drop into support and then a strong pullback upwards, confirming the uptrend and leading finally to a bullish breakout.
// UPDATE... well there was a very evil fake out move down on OKCoin (hardly visible here, was better so see on 1-minute charts) to load up moooar cheap coins.... and I fell for it. Price reversed up immediately in the same hour it seemed to correct straight down like a waterfall, but instead squeezed out a lot of shorts only minutes later.
// UPDATE 2... right now it looks like this setup might still play out and work after all
// UPDATE 3 ... well at least I achieved perfect inverse symmetry, lol
// UPDATE 4 ... lol, back down in my box
// UPDATE... well there was a very evil fake out move down on OKCoin (hardly visible here, was better so see on 1-minute charts) to load up moooar cheap coins.... and I fell for it. Price reversed up immediately in the same hour it seemed to correct straight down like a waterfall, but instead squeezed out a lot of shorts only minutes later.
// UPDATE 2... right now it looks like this setup might still play out and work after all
// UPDATE 3 ... well at least I achieved perfect inverse symmetry, lol
// UPDATE 4 ... lol, back down in my box