It has a upword trend line, above 200 days EMA and above the 20 days EMA and the RSI is growing for a good run. Enjoy the profits guys!
The price is going above every indicators (ema's mostly) that I have in the graph which means that there is a lot of confirmation for a bullish takeoff of the price.
The arrow was there 2 weeks ago after I saw that there was a descending triangle and I tought that it was going to break soon enough at one point and it did! This is what I love about trading!!! It's the moment when I'm speculathing that it would go in a certain way and it becomes what you tought it would be. It's one good feeling that gets you going to the moon...
We have a lot of good signs going on this graph: we have a upwards trend, the news from the bitcoin halving, we are up the EMA's, we are up the trend line and testing it right now and the RSI is not oversold yet. Keep your eyes opens guy's!
Just wait for a retest on the support/resistance to confirm the long. (Yellow line)