The inefficiency block has been neatly filled with a hammer after which the price is heading back towards ATH. The ema55 has also provided support and is still in favor of the bulls. In terms of strength, the trend remains pretty much the same. The rsi is also rising nicely and is above the 50 level and the ema. Currently it looks like it is going to cool down a bit but not something to worry about right away.
daily chart: https://www.tradingview.com/x/mcQagRoN/
Here we see a beautiful breaker of the neckline where the target of the head and shoulders pattern is located around the ATH. The ema55 crosses the other two again bullish and we see the rsi still moving up in a smooth line. The rsi has just had a test on the ema and now seems to want to attack the 70 level.
4h chart: https://www.tradingview.com/x/qKGz4b6O/
The supply zone has now been broken. If we pull the fibonacci over it then the golden pocket has confluence with the supply zone. But whether it is going to come back there I doubt it. Hope so because then I'll be hitching a ride. The ema's are also in favor of the bulls here but are very far away from the price. So a retrace towards it will be perfectly possible. Also the rsi is now below the 70 level and below the ema, here too some weakness can be seen.
1h chart: https://www.tradingview.com/x/6OfeZt05/
Conclusion:
It must be crazy if the ATH is not going to be broken in the foreseeable future. The supply zone (1770 - 1800) which has flipped in the meantime should serve as support. If we go through that, the next support will be around 1640. Resistance is obviously the ATH.