The green support lasts from months ago and not consolidates with the price to support it and make it explode. On the other hand, we have and a more recent ( black line ) support which pushes the price, too. In addition to the support lines, the RSI went oversold and should activate buyers to buy and sellers to tell. Last but not least, a thin black dashed line supports the price for the past 5 months and seems legit to note it. The resistance line is quite obvious and there is not much room for development as long as it is only a few tops leaning on the red line.
Bullish move seems so plausible to me. I except the price to reach the resistance line.
Bullish move seems so plausible to me. I except the price to reach the resistance line.