double bottom candles indicating a big pump?

If you check the candle chart and note the double bottoms at 1.5 and then 2.2 respectively it looks likely a big pump could be on the cards if resistance at 2.5 is broken.

Considering that Sprott bought a cornerston at a 30% premium and there are multiple drills going deep with positive news imminent the risk profile has completely changed.

Given that it is likely that significant news can happen any time and will happen ~6 weeks the pumpers may see this as an opportunity to pump it right up and the shorters might see this as too high a risk with Sprott in the building.