I have updated this chart a little bit to hopefully illustrate why I think the way that I do about this chart. Its no secret that BTC likes to move in insane patterns so here is what I see. The thick black slanted lines are what I see as the current growth slope. I have identified that slope at the top and the bottom to show the range. The red zone are what I believe to be the floor range, meaning that if there were to be a drop then the floor would be in that range. Yellow is the short term average range where a lot of the volume happens. As you can see, since the last shift in the slope it has tested the top of the range really 3 times the most recent being yesterday. It has tested the bottom one time where it dropped below and bounce hard back up to the short term yellow range. Now that it has surpassed the 3000$ mark, and the fork/segwit has come and gone in a positive fashion, I think that it is going to find a new support around the 3200$ mark. from there it will spike, adjusting the the min and max of the slope range.