If it is supported by the PINK uptrend line and go up, It'll break through the RED long-term downtrend line and reach the green uptrend line. If it breaks through the GREEN uptrend line, It'll even reach the PURPLE uptrend line.
If it fails to be supported by the pink uptrend line and drops down, It will challenge again after accumulation at the ORANGE uptrend line.
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.