-Candles have been consolidating above the EMA 50, which is a very bullish sign since an entry level would be buying at the support. (Buy the support, Sell the Resistance). The uptrend line, in yellow, have shown a great support level.
- There is a big triangle, in yellow, that graphics the end of a consolidation period. Along with that a potential cup and handle is forming.
That could be a valid shape. For now the regular cup and handle is following its bullish pattern. Now in the phase of realized gains, going back to the support level above the ema 50,
no?