Falling Wedge. Looking like a possible Reversal.
As you can see, we are in a falling wedge and it looks like we have historically respected these support and resistance lines. The indicators point towards a price reversal, which is a bullish indication. Indicators aren't always correct though and market manipulation is a real possibility.
Disclaimer
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.