U - Falling Trend Channel [MID -TERM]🔹Broken ceiling of falling trend in the medium long term.
🔹Rectangle formation between support 24.24 and resistance 45.85.
🔹Volume has previously been high at price up and low at price down.
🔹Short term momentum is strongly positive with RSI above 70.
🔹Technically positive for the medium long term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️