Looks like the diamond patterns is currently breaking out.
Diamond on the Daily after an extended uptrend could signal a potential reversal in the very near future. Resistance on the Daily (blue line) would make this Diamond Pattern complete. Anything can happen, and usually does lol, but we could see a significant pullback. Time will tell!
My previous post about the Falling Three Method has been invalidated but seems to be setting up for something far more Bullish. A Megaphone seems to be forming on the 8HR/Daily. For the next move up, there is a strong confluence around the $3.80 price target as that's the top of the Megaphone and the Fib Level 1. *Not financial advice*
If this current daily candle closes around the current prices, it’s a valid Three Rising Method on the Daily. Very bullish.