On line chart I noticed we got some sort of a tilted inverted head and shoulders with several confluences of support.
-Channel support or left inverted shoulder
-Elliott Wave support at (iv), retesting support.
If prices makes a ABC sideways correction and then breaks above (v) which is current local high we have a good chance for this ‘tilted’ IHS to move to the given measured target. If this is indeed already a minor 1-5 then this could turn into a major AB-CD, where AB is this current wave (1-5) and CD will be the extension of equal length or measured increase of 254%/0.11 cent.
I will do an update once this is confirmed.