Don't think this needs much explaining. My take is that up we go (after we break 12k zone - which might be very soon if we can close above 11400 on the daily). But I wouldn't be surprised if we test lows (along the parabolic red line) either. Lots of opportunities no matter what happens.
Looks like we are finally challenging the long term downtrend from 2018. As I see it, the longer we stay above ~$9625 the stronger a confirmation signal it is. BTC doesn't need to break upwards now to prove anything, in fact it would be better if it just holds support around this area. If it breaks upward too strong and gets rejected at 10k (again), it might...
Updated chart. Still looking solid pending BTC stability come Monday.
Hard to tell which way things are moving, but it looks like sideways for a while. Please note that I'm not a professional and these are just observations and lines drawn looking for patterns.