Disclaimer:
This is a format to document not my predictions of price, but rather my hypotheses on what could possibly occur in the future with price movement. I am not a financial adviser, and you should take neither buying nor selling actions based on what I have expressed below.
A moment of indecision in the market just broke bullish in my opinion. See for yourself:
RSI showing that there's plenty of room for growth, too. Let's see if price can stay outside of these trendlines. If so, I expect another bullish move. This impulse - if it does continue - will likely lead us up out of the neckline of a longer-term head and shoulders pattern:
There is quite a lot of room for growth when observing both the RSI and bollinger bands - either up or down. Whichever move it makes next could be a large one, and given that I just hypothesized that a bullish impulse was inbound...well, we'll just have to see. Who knows.
I do want to make you all aware of a potential hidden bearish divergence. I won't get into it here, but just pay attention to the highest price levels we have seen so far. It would be ideal for price to begin seeing all time weekly highs. There are two of which that represent the neckline of the inverted head and shoulders:
Again, if this inverted hs actuates, we are making a serious bullish move. Observing price history, we have lots of room for unimpeded growth. Though once we hit certain price points, we will begin to see serious resistance.