Looking at the daily time frame and zooming out a bit.
It's visible a breakout of a ascending channel. Started at the beginning of 2020 dip. Now a breakout of the resistance occur, the price consolidated over the resistance, creating a new support around the price of 657 aprox. and recently the price passed that price mark.
This is a year long movement. Expect for price to reach respectively calculated price in 4-6 weeks.
It's visible a breakout of a ascending channel. Started at the beginning of 2020 dip. Now a breakout of the resistance occur, the price consolidated over the resistance, creating a new support around the price of 657 aprox. and recently the price passed that price mark.
This is a year long movement. Expect for price to reach respectively calculated price in 4-6 weeks.