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@Razick, I'm a hodler mostly (with a bit of playing at being a trader, mostly options, for fun and... not profit). I use TA mostly to help me understand what's going on, rather than helping me to decide when to open/close positions. I'd agree about the triangle pattern you saw, except I believe we've reached the end of it, and the rise over the last week or so is what's replaced it.
I see your point (chart below). Would that mean that the green line would continue to be the support and the red line would be the new resistance?
-img-http://s32.postimg.org/out409rw5/chart_42716_2.png-/img-
I don't know. My expectation would be that price would rise quite dramatically, though I have no idea how far. Price has risen quite dramatically (and I think it may rise further, once the current consolidation is over, but I've not really thought that far ahead).
I was talking recently with someone with a different perspective on analysis - similar thoughts on what would happen (and has now happened), but a different approach to analysis. I suspect they've thought this through much more than me - I'll see if I can get them to comment.