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Hi,

as you can see on the chart, for the past several weeks we've been stuck in the wedge , ultimately breaking to the upside, very strongly at that. With this breakout we've also broken through the long descending trendline established during previous ATH .

However we've come down in an attempt to get back into the wedge . At this very moment our support is holding as you can see on my chart, however there are still several hours until daily candle closes. If it closes above the wedge , in my humble opinion, it will be a strong signal that the bull market has begun gentlemen.

Once that happens I may update this chart with more detailed targets. Otherwise if that does not happen, I think it's very likely to come down a peg or two, in worst case scenario retesting EMA 50.

Here are some shower thoughts from an Anon (:


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