Very similar chart pattern to previous breakouts.Slightly premature dip considering Coinbase news, but I expect impending news with Moneygram/Western Union to really cause things to turn around quickly.
The pattern is inflated from last run, and because the last move was prematurely cut short, I expect this next move to be significant. Sell walls are diminished following the most recent dip, so just short of $5 is a solid target, timeline is 1/12 at the latest.
@cyberholz, Here's hoping it maintains, it's off to a good start. I held through the dip, would be disappointed to see it fall to a lower less established line of support. I do believe we'll see a significant rise over the next week, as big news is on the way. I also noticed that the more severe the dip, the larger the response over these cycles.