I posted almost the exact same chart a couple weeks ago. The situations are not totally analogous, but obviously they share some strong similarities, e.g. lower highs, lower lows, double or triple bottoms on a flat line of support. If the situation plays similarly, I'd expect the price to reach as high as 11K-11.3K before correcting to the 9.6K region, and then...
I'm no expert but there is a simple pattern that looks as if it could potentially be repeating itself. While the the current trend of lower highs and lower lows sounds bearish, it did play bullish in the past.
