Solid push to bring us above the upper orange trendline with testing at 2k; note that short-term 50EMA is being held at this zone.
Based on the previous pattern assumption (step-like) the final step did not retract and instead just extended beyond uptrend resistance (breakout).
Long-term 200EMA is currently at long-term trendline which should be seen as estimated critical support (extreme low) in the case we do see another correction.
If further buy momentum occurs we could see a continuation to 2100-2150 before the next set of resistance.
Based on the previous pattern assumption (step-like) the final step did not retract and instead just extended beyond uptrend resistance (breakout).
Long-term 200EMA is currently at long-term trendline which should be seen as estimated critical support (extreme low) in the case we do see another correction.
If further buy momentum occurs we could see a continuation to 2100-2150 before the next set of resistance.
