Price could range within the bounds of the rectangular box. But if price closed above the box, it will try to reach the blue resistance line. When it passes beyond this line, another bullish movement can happen and initially target the dotted lines. However, the price may test again the support (green line), and this could happen when the RSI passes below the 44% RSI. Would it break the support? I would say not likely at the moment.
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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.