BTS/USD as of 05/07

As a neophyte in the technical analysis game, I'd like to share my thoughts on BTS/USD. I do have a stake in Bitshares however, this is as unbiased as I could possibly make it. Not adverse to bad news in fact, waiting for it to dip lower from it's current position so i can DCA my position even further. Let me know what you think, what can be improved, etc. Thanks.