Was looking at monthly chart after seeing the Zcash highly awaited research paper about zk proofs ( eprint.iacr.org/2018/046 ).
Double bottom could form if breakout above that line. High Volume after second bottom is in favor already.
Note: Not a financial advice. Don't know TA as of now. Just started learning from TA on FM: A Comprehensive Guide by John Murphy. Comments appreciated.
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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.