Hourly chart setting up for another push to previous highs.
the more it builds pressure here, the more powerful the next break...
pretty long consolidation period and this might push
Watch for the break we are now building with higher lows on the chart
Watching this one for a clean break out on the above horizontal red line.
if it can stay grinding upwards like this on the daily, will keep an eye if volume comes in and pushes higher.
Keep an eye for higher lows and the channel to get tight for a break out
I like this chart for a break out.. if you look at the bigger timeframes, you can see a longtime of consolidation. the longer the better imo
like that it broke out on the 5 min frame, rather see it consolidate a few hours and then really push hard.
im late to the party but daily chart has def potential
it really needs to hold the uptrend line now and get into that tight consolidation for a nice break out...
Ideally pull and form a higher low, some consolidation and a break out of that 16k area.
looking for some tight action and nice break out of resistance
thing if it breaks over resistance this could perk nicely... im just testing this thing