The price is moving in an uptrend channel. There is also a longer uptrend resistance/support line to which the price has reacted several times. The pink colored triangular area is where the price could reach and then probably oscillate in it or enter the correct phase.
Note
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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.