Repeating downrange has played out, where price has bounced off the rising support (would have been good entry)... there isn't a great deal of resistance above it and there are 2 gaps before the 61.8% all time fib as note don the chart. Higher highs and lows in terms of price as well.
Stochs in oversold with MACD looking to turn and climb above zero as well...
Negatives: the weekly MACD bearish/turning but above zero and stochs in overbought and looks to be falling as well...
Plus the chart looks somewhat like a rising wedge to me.
