The chart resembles the pattern of an inverse head and shoulders. This formation is significant because it illustrates the shifting dynamics in the market, allowing us to anticipate the next trending phase. The critical levels to watch are $1.74, $2.05, $2.83, and $3.42. If these levels are surpassed, the price could move to the next level. Otherwise, we may need to retest the previous critical level to find support. If everything goes well, the sky is blue and the grass is green, then we can reach our final destination! I will keep you updated on this chart as we progress.