The resistance (orange) following the breakout was recently broken and has now just been confirmed as support (early September).
On the weekly chart below has broken resistance with the 50-week moving average about to cross through the 21-week. (circled in orange) - Expecting a similar strong upward move in price action when it happens, just as before.
The MFI is consolidating inside a very nice falling wedge, will be very exciting when it pops. Can see an easy 10x gain here in the months ahead.
Every alt position I'm studying at this moment points to a recovery around mid-October.
Before adding more to my position, I'll be waiting for a higher low to confirm trend reversal. Ping me below if I do not update!
My sources of motivation: