The main focus is on breaking through the purple line. It will happen. When it does, could be another massive rally. As you can see, when it broke the red sloping line it broke out. That sloping line had far less strength than this one does. Could be heading to $40 or $50... maybe even higher from FOMO.
Comment:
The MACD on the weekly is looking spicy. But I don't put as much emphasis on the MACD as the trend lines.