Eh. I'm not that impressed. Textbook 'recovery on falling volume' so far.

I still think the more likely scenario is another dip into the 500s, followed by 1 or 2 weeks of low volume sideways at 560, maybe 590, then breakout.

I still think the more likely scenario is another dip into the 500s, followed by 1 or 2 weeks of low volume sideways at 560, maybe 590, then breakout.
a rising wedge is to be broken downward soon IMHO (4h bitstamp / huobi)
panic ahead?

I guess so. Someone will dump 100+ coins followed by the sheep who will totally fucking panic. Bringing us below 600 again.