Looking at the provided chart, it appears that the price has recently formed a rounded bottom, often referred to as a "saucer bottom" pattern, which is typically considered a bullish reversal pattern. The price has broken out from this pattern and is currently showing a strong upward move.
The volume accompanying the upward trend seems to be significant, as...
We've seen the downtread break and accumulation appears to be starting for another breakout. With a 100-700% upside potential this could be a huge sleeping giant.
We're seeing some pretty big buys at the bottom. Maybe someone getting ready for a breakout?