BPPLAS Support and resist
The chart show that the price broke the previous high and retreve and supported at the lower purple box area and start showing sign of support. In bigger picture, it's pretty much showing the start of 3rd wave. P&L chips also showing there are no loss chips at the moment which mean that the price is easier to rally higher in this case.
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.