The blue line shows support that price hasn't traded below in over a decade. We can expect a struggle between the bulls and bears due to this. I want to see the most recent high break so we can get more confirmation of bulls strengthening and a possible bullish trend.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.