My charts show that we have not yet broken out of our long time descending wedge (BITSTAMP data) that has held us since prior to Christmas, although we are about to do so in the next few hours. Once we do we should climb fairly quickly to 11k. Some resistance at 9.6k along the way (maybe a good place for a quick $500+ trade), but then continued upwards ascent. 12.6k will be our true test.
