We are currently sitting on the 200 Weekly SMA which is one of the strongest levels of support. I believe we will pump up to at least 4.2k which is where the orange line on the chart is. We may struggle on the way up with the 21EMA (green line on chart) which could make the price drop a bit and form the 1st and 2nd wave of a trend. We could also move sideways for a bit before we go up but I don't think we'll go lower than this, at least for awhile. Too many people calling and waiting for 3k which leads me to believe that we will not go there, at least not soon.
The RSI has been showing bullish divergence for awhile and is well above oversold levels, this leads me to believe that the first pump won't be too big because the RSI will be in overbought levels quick. Because of this and the 21EMA I strongly believe this price action will create the 1st and 2nd wave of the trend that will come soon.